Map of Property

771-773 E 32nd St

771 E 32nd St, Brooklyn, NY 11210

  • For Sale $5,000,000
  • Property Type Multi-Family
  • Property Size 9,920 SF
  • Units 12
  • Lot Size 0.05 Acre
  • Cap Rate % 6.51
  • Additional Rent Contact for pricing
  • Year Built 2019
  • Date Updated Nov 26, 2024
  • Well-Located: Just blocks from Target and Brooklyn College, two key economic engines for Central Brooklyn
  • 2019 Construction: Properties is highly efficient and represents turn-key cashflow with very low maintenance
  • High-End Finishes: Units are outfitted with high-end appliances, fixtures, central heating / cooling and all have private terraces, rooftops and/or patios.
  • 421a Tax Abatement: Properties benefit from 421a tax abatement (expires 2057), with current total taxes of just $3,737 per year
  • High Legal Rents: 4 of 12 units are rent stabilized per the 421a tax abatement – current rents for stabilized units average $2,348/mo.
  • Path To Fully Free Market: Four stabilized units can be converted to free market upon tenant turnover after abatement expiration.
  • Proximity to Brooklyn College: The neighborhood enjoys high demand for rental units from families, students and professionals alike
  • Transportation Accessibility: Two blocks to the 2 & 5 trains at Flatbush Avenue – Brooklyn College, offering access to Downtown Brooklyn and Manhattan within 30-40 minutes 
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
DJ Johnston

Matthews Real Estate Investment Services

broker
Bobby Lawrence

Matthews Real Estate Investment Services

broker
Bryan Kirk

Matthews Real Estate Investment Services

broker
Jermaine Pugh

Matthews Real Estate Investment Services

broker
Henry Hill

Matthews Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood East Flatbush
  • Zip Code 11210
  • Market Brooklyn

Points of Interest

  • Flatbush Avenue–Brooklyn College

    0.12 miles

  • Avenue H

    0.88 miles

  • Avenue J

    0.96 miles

  • Cortelyou Road

    1.14 miles

  • Mex Cabs

    1.14 miles

  • Juniors Car Service

    1.17 miles

  • Beverley Road

    1.29 miles

  • A-Kings Highway Car Service

    1.76 miles

  • Norwood Car & Limo

    1.92 miles

  • Church Ave Express Car Service

    1.94 miles

  • Allegiance

    0.68 miles

  • Sunoco

    1.14 miles

  • Speedway

    1.19 miles

  • BP

    1.25 miles

  • Shell

    1.35 miles

  • Citgo

    1.48 miles

  • EVgo

    2.37 miles

  • Tesla Supercharger

    2.75 miles

  • plugNYC

    3.19 miles

  • FLO

    3.41 miles

  • Pathmark

    0.52 miles

  • CVS

    1.09 miles

  • Eastern Fruits and Vegetables

    1.13 miles

  • US Postal Service

    1.15 miles

  • Kings County Parking Garage

    1.68 miles

  • Kings Plaza Car Lot

    2.12 miles

  • Fine Fare

    2.18 miles

  • Roosevelt Savings Bank

    2.18 miles

  • Chase Bank Parking

    2.38 miles

  • The Brooklyn Museum and Botanic Garden

    2.82 miles

  • Ramada

    0.19 miles

  • Brooklyn Vybe Hotel, Ascend Hotel Collection

    1.17 miles

  • Best Western Plus

    1.18 miles

  • Home

    1.90 miles

  • Days Inn

    2.37 miles

  • Holiday Inn Express

    2.86 miles

  • Knights Inn

    2.88 miles

  • The Brooklyn Riviera Hostel

    2.93 miles

  • Hotel Sunrise

    2.99 miles

  • King Hotel

    3.12 miles

  • Dallas BBQ

    0.13 miles

  • Ovi's Place

    0.14 miles

  • The Waffle Box

    0.23 miles

  • Picky Eaters

    0.33 miles

  • Golden Krust

    0.52 miles

  • Natural Outlet

    0.59 miles

  • El Rancho Poblano

    0.59 miles

  • F1 Lounge

    0.72 miles

  • YoYo Fritaville

    0.75 miles

  • Tacos El Dorado

    0.76 miles

  • Brooklyn College

    0.44 miles

  • Public School 315

    0.47 miles

  • Public School 152

    0.48 miles

  • Public School 198

    0.56 miles

  • Public School 119

    0.56 miles

  • Success Academy East Flatbush Middle School

    0.57 miles

  • Christian Heritage Academy

    0.58 miles

  • Brooklyn Seventh Day Adventist School

    0.65 miles

  • Mesivta Tiferes Yisroel

    0.67 miles

  • School of the Little Flower

    0.84 miles

  • Next to Home Child Care

    0.98 miles

  • Kaleidoscope Early Childhood Development Center

    1.21 miles

  • Cortelyou Early Childhood Center

    1.26 miles

  • Honeydew

    1.30 miles

  • Blue Star Academy

    1.54 miles

  • Hansteps After School

    1.56 miles

  • Prospect Gymnastics

    1.63 miles

  • The David Foster Preschool Academy Daycare

    1.67 miles

  • Phebeanna Pre-School

    1.77 miles

  • Hawthorne Corners Day Care

    1.81 miles

Frequently Asked Questions

How much does 771-773 E 32nd St cost?

The space currently listed for sale at 771-773 E 32nd St asks for $5,000,000.

What is the total square footage of 771-773 E 32nd St?

771-773 E 32nd St totals 9,920 square feet.

When was this property built?

771-773 E 32nd St was built in 2019.

Looking for more in-depth information on this property?

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