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239 Marcus Garvey Boulevard Brooklyn, NY 11221

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For Sale
$3,100,000

Two new construction apartment buildings offered together as investment.

Type:MF
Added:
Nov 21, 2024
Days on Market:
504
Last Refresh:
Apr 3 at 5:03 am

Property Features for 239 Marcus Garvey Boulevard

General Information

Standard status
Active
Property subtype
MF

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Listing Contact
Jeremy Ogur

Listing agent Jeremy Ogur License #1040135971, New York

Listing office KW Commercial | Franklin Square | Jeremy Ogur

Listing date Nov 21, 2024

Source Realnex

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Franklin Square | Jeremy Ogur


Overview

New Construction Investment Opportunity

Offered for sale are two apartment buildings at 239 and 241 Marcus Garvey Blvd, constructed in 2024. The properties feature a total of 14 free-market units: six units at 239 Marcus Garvey Blvd and eight units at 241 Marcus Garvey Blvd. At 241 Marcus Garvey Blvd, approximate monthly expenses include $173.08 for fire alarm, $50 for exterminator, $41.67 for utilities, $50 for internet/cameras, $787.10 for insurance, $680 for real estate taxes, and $208.33 for maintenance. The monthly rent roll for 241 Marcus Garvey Blvd is as follows: Unit 1 & Back Storage Room, a studio with 1 bath, rents for $2,200; Unit 2A, a 1-bedroom, 1-bath unit, rents for $2,400 with the lease ending in July 2025; Unit 2B, a 1-bedroom, 1-bath unit, rents for $2,150 with the lease ending in April 2025; Unit 3A, a 1-bedroom, 1-bath unit, rents for $2,100 with the lease ending in June 2025; Unit 3B, a 1-bedroom, 1-bath unit, rents for $2,350 with the lease ending in June 2025; Unit 4A, a 1-bedroom, 1-bath unit, rents for $2,100 with the lease ending in June 2025; Unit 4B, a 1-bedroom, 1-bath unit, is currently empty; and Unit 5, a 3-bedroom, 2-bath unit, rents for $2,950 with the lease ending in June 2025. At 239 Marcus Garvey Blvd, approximate monthly real estate taxes are $2,750. The monthly rent roll for 239 Marcus Garvey Blvd lists Unit 1A, a 2-bedroom, 1.5-bath unit, as empty; Unit 2A Duplex, a 1-bedroom, 1.5-bath unit, as empty; Unit 2B, a 1-bedroom, 1.5-bath unit, as empty; Unit 3B, a 1-bedroom, 1-bath unit, as empty; Unit 4A Duplex, a 1-bedroom, 1.5-bath unit, as empty; and Unit 4B, a 1-bedroom, 1-bath unit, as empty.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-73.939076
Latitude
40.689548

FAQs

What type of property is this?
Apartment building - Two new construction apartment buildings offered together as investment.
Where is this apartment building located?
The property is located at 239 Marcus Garvey Boulevard Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: New construction completed in 2024.; Portfolio includes two buildings: 239 and 241 Marcus Garvey Blvd.; Total of 14 free market units (6 at 239 and 8 at 241).
More about this property
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