105 Boerum Pl Brooklyn, NY 11201-6219
- Apartment buildings
- 4,160 SF
- 0.03 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 105 Boerum Pl
- Year built
- 1920
- Lot size
- 0.03 lot acres
- Property size
- 4,160 SF
- Zone code
- R6A
- Property type
- Apartment buildings
- APN
- 00187-0005
- APU
- 1870005
Description
This exceptional investment opportunity presents two four-story walk-up apartment buildings totaling 16 units, situated at 105-107 Boerum Place in Brooklyn, NY, 11201. The property boasts 8,320 square feet on a 2,430 square foot lot, zoned R6A. Conveniently located between Pacific and Dean Streets, it's just a short distance from the Bergen Street (F, G) subway station, offering easy access to public transportation. The buildings are in excellent condition and have recently undergone significant capital improvements, including a new boiler burner, window replacements, and roof repairs. This prime location benefits from the proximity to thriving retail corridors along Atlantic Avenue and Smith Street, and the development of a new six-story luxury condominium directly across the street at 110 Boerum Place further enhances the investment potential. The asking price for this multifamily property is $3,100,000. This is a rare opportunity to acquire a well-maintained, income-generating asset in a rapidly appreciating Brooklyn neighborhood.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $300,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $369,000
Market price range: $132k - $414k
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9911
- Latitude
- 40.6883
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
