Main Content
- Status Sold
- Property Type Apartments
About This Property
Marcus & Millichap has successfully sold 646 46th Street is a six family in the Sunset Park neighborhood of Brooklyn New York. Located on 46th Street between 6th and 7th Avenues, the property is comprised of five-two bedroom units and one-one bedroom unit and is built 20 feet by 76 feet. The lot measures 20 feet by 100.17 feet and offers approximately 3,750 square feet of gross space. The building was constructed in 1928, and is zoned R6B. (Block: 758, Lot: 25). This is a premium opportunity to purchase a cash-flowing asset in a rapidly growing submarket of Brooklyn. Conveniently situated near Brooklyn's Chinatown, 5th and 8th Avenue retail corridors, the Municipal Recreation Center at Sunset Park, the "R" Train at 45th Street, as well as the 49th Street bus line. The property is in exceptional condition, with substantial upgrades including:
*Apt 1F renovated 2009
*Apt 1R Re-tile floor & renovate bathroom 2009
*Apt 2F renovated 2011
*Apt 2R renovated 2010 and 2013
*Apt 3F renovated 2010
*Apt 3R renovated 2009
*Front fire escape scraped, primed & painted 2012, Rear fire escape scraped, primed & painted 5/2014
*Awning repaired 2012, Facade repaired and repointed 2011
*Hallway walls repaired, primed & painted 5/2014
- Well-Maintained Multi-Family Asset in Sunset Park
- Brick Construction Built 20 Feet by 76 Feet
- New Gas Boiler, Upgrades Throughout the Property
- Rapidly Growing Market
- Tremendous Upside Potential in the Rents
- Close to the "R" Train, 8th Avenue Retail, 5th Avenue Retail