Marcus & Millichap - Tri Borough Multi-Family

1559 & 1563 Dean Street, 92-98 Troy Avenue

1559 & 1563 Dean Street
, Brooklyn

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Price: $4,700,000
Building Size: 20,672 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 1559 &1563 Dean Street and 92-98 Troy Avenue, located on the corner of Dean Street and Troy Avenue in the Crown Heights section of Brooklyn. The subject properties are each three story residential buildings that consist of three apartments plus a large basement storage unit and indoor parking.

1559 Dean Street is built 32.62 ft x 27.04 ft and sits on a 32.62 ft x 27.04 ft lot with approximately 3,528 gross square feet.

1563 Dean Street is built 27.04 ft x 32.63 ft and sits on a 27.04 ft x 32.63 ft lot with approximately 3,528 gross square feet.

92 Troy Avenue is built 18 ft x 46 ft and sits on a 26 ft x 62.25 ft lot with approximately 3,312 gross square feet.

94 Troy Avenue is built 16.67 ft x 55 ft and sits on a 18 ft x 65.25 ft lot with approximately 3,680 gross square feet.

96 Troy Avenue is built 18 ft x 46 ft and sits on a 18 ft x 65.25 ft lot with approximately 3,312 gross square feet.

98 Troy Avenue is built 18 ft x 46 ft and sits on a 18 ft x 65.25 ft lot with approximately 3,312 gross square feet.

The property is zoned R6 (Block: 1340, Lot: 246, 146, 43, 44, 45, 46)

This property offers investors the rare opportunity to purchase a newly constructed apartment buildings with a low average rent and long term tax abatement in the Crown Heights section of Brooklyn, New York.