125 Rogers Ave Brooklyn, NY 11216-3958
Property profile & analytics
125 Rogers Ave Brooklyn, NY 11216-3958
- Apartment buildings
- 5,370 SF
- 0.06 lot acres
Property ID
US63-0865799
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 125 Rogers Ave
- Year built
- 1931
- Lot size
- 0.06 lot acres
- Property size
- 5,370 SF
- Zone code
- R6A
- Property type
- Apartment buildings
- APN
- 01240-0007
- APU
- 12400007
Description
This exceptional investment opportunity presents a six-unit apartment building located at 125 Rogers Avenue in Brooklyn, New York, 11216. The property boasts a substantial 5,370 square foot footprint, measuring 26' x 75', featuring central air shafts. Currently configured as six three-bedroom, two-bathroom railroad apartments, the building offers significant upside potential. Two units will be delivered vacant, and evictions are in process for two additional units currently in arrears. This allows for immediate owner-occupancy potential, with the possibility of utilizing one or more units while leasing the remaining units for cash flow. Legal rents average $32 per square foot, or approximately $1,950 per month per unit, though below current market rates, they support a 6-6.5% capitalization rate at the asking price of $1,450,000 ($258,333 per unit and $270 per square foot of land value). The property also benefits from 2,430 square feet of unused air rights, providing opportunities for future expansion or a separate air rights sale. Situated in a desirable Crown Heights location, the building is close to acclaimed restaurants and retail establishments along Franklin, Bedford, and Nostrand Avenues. Excellent public transportation is readily available, with the 2, 3, 4, 5, and S subway lines within a short distance, providing convenient access to Downtown Brooklyn and Midtown Manhattan in approximately 20-30 minutes. Built in 1931, this property offers a compelling blend of location, potential, and immediate income generation.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,950,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9527
- Latitude
- 40.6732
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,747
$7,200
$503,550
$510,750
-
$16,000
$1,119,000
$1,135,000
