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    224 Moffat St Brooklyn, NY 11207

    For Sale
    $649,900

    Six-unit rent-stabilized building, prime Bushwick location.

    Property size:
    4,875 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a six-family row house located in the highly desirable Bushwick neighborhood of Brooklyn, New York. The property, situated at 224 Moffat Street, boasts a total of 4,875 square feet on a 0.06-acre lot. The building is a three-story walk-up, showcasing classic brick architecture. Currently occupied, this property offers six rent-stabilized units, providing a consistent income stream. All units are currently occupied by tenants, and the property is being sold "as-is" with all tenants in place. A detailed rent roll from the New York State Division of Housing and Community Renewal (DHCR) is available for review, allowing potential buyers to thoroughly assess the current rental income. It's important to note that any prospective buyer or their representative is responsible for independently verifying all provided information. The building features a separate hot water heater for each unit, adding to its functionality and maintenance convenience. This property represents a strong investment opportunity in a rapidly growing Brooklyn neighborhood. The buyer is responsible for conducting their own due diligence to confirm all aspects of the property and its financial performance.

    Property Features for 224 Moffat St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,875 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1911
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.90524
    Latitude
    40.68846

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    FAQs

    What type of property is this?
    Commercial real estate - Six-unit rent-stabilized building, prime Bushwick location.
    Where is this commercial real estate located?
    The property is located at 224 Moffat St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $649,900.
    (718) 464-5800
    Request Owner's contact information
    224 Moffat St Brooklyn, NY 11207
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    Brooklyn, NY 11207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    224 Moffat St Brooklyn, NY 11207
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