For Sale
$6,500,000

326 Avenue UBrooklyn, NY 11223

Five-unit, 2022 construction, prime location

Overview

Added:
Dec 11, 2024
Days on market:
97
This stunning five-unit apartment building, completed in 2022, presents a unique investment opportunity in Brooklyn's desirable Gravesend neighborhood. The 55-foot-tall structure boasts 9,060 square feet, with 6,340 square feet dedicated to residential space. Each of the five generously sized apartments features two bedrooms and two bathrooms, complete with modern amenities including in-unit washer/dryer, dishwasher, and central air conditioning. The building's intelligent design, by IMC Architecture, incorporates a simplistic two-tone palette and high-quality finishes throughout, from the facade to the lobby and individual apartments. Residents enjoy keyed elevator access and a shared backyard garden. The second through fifth floors feature individual balconies, culminating in a spectacular penthouse unit with access to a huge private roof deck. The building sits on a 26 x 87 foot lot, with an approximate 1450 square feet per floor. Annual property taxes are $14,000. A shared gym adds to the building's appeal. This exceptional property is offered at $6,500,000 and represents a compelling investment in a thriving Brooklyn market. The building's modern design and desirable amenities make it an attractive option for renters, ensuring strong occupancy rates and a solid return on investment.

Highlights

  • 26' x 60' building footprint.
  • 26' x 87' lot.
  • Approximately 1,450 square feet per floor.
  • Annual property taxes: $14,000.
  • Five (5) residential units; each with two bedrooms and two bathrooms.
  • Second through fifth floor units feature private balconies.

Property Details for 326 Avenue U

Property type
Multifamily properties, Apartment buildings
Square Feet
9,060 SF
Year Built
2022
Units
5

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.5969012
Longitude
-73.9720982
326 Avenue U, Brooklyn, New York

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326 Avenue U
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