$3,750,000
Active
5 days on market
916 Prospect Pl
📍 Crown Heights, Brooklyn, NY 11213
16.0
Beds
8.0
Baths
9,000
Sqft
$417
Per sqft
1905
Year built
Co-op
Type
About this property
Inquire for setup sheet and interior photos. Prime Crown Heights investment opportunity offering an eight-unit multi-family building with six free-market apartments. Spacious 2 bedroom layouts exceeding 1,000 SF and a private backyard, situated on a quiet residential block by Prospect Park and the Brooklyn Botanical Garden. 916 Prospect Pl. Overview: Annual Income: $206,940 Annual Operating Expenses: $43,738 Net Operating Income (NOI): $163,203 Cap Rate: 4.35% Total Units: 8 residential Unit Mix: 6 free-market / 2 rent-stabilized Building Size: 9,000 SF (max buildable 12,441 SF) Building Dimensions: 25' x 98' Lot Dimensions: 25' x 127.5 With 75% free-market apartment
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Amenities & features
Key facts
Private backyard
3,200 sq ft lot
Built 1905
Property details
Property typeCo-op
Listing statusActive
Lot size3,200 sqft
Year built1905
Days on market5 days
MLS #RLS20125280
Estimated monthly payment
Listing price$3,750,000
Down payment (20%)$750,000
Loan amount$3,000,000
Principal & interest (7%, 30yr)$19,959/mo
Property tax (est.)$3,646/mo
Home insurance (est.)$1,562/mo
Estimated total$25,167/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.
