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2017 Albemarle Rd
Brooklyn, NY 11226 Flatbush-Ditmas Park

Price Upon Request

Apartments For Sale  •  16,250 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,250 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1931
  • Zoning R7A
100 Transit Score
96 Walk Score

Highlights

26% Free Market Building - Fully occupied 23-unit asset with 6 free market & 17 rent-stabilized apartments. Average monthly rent of $1,423/unit.
Well-Maintained Asset - Minimal deferred maintenance and not subject to Local Law 97 energy requirements, ensuring lower compliance costs.
Strong Upside Potential - Opportunity for 50% rent upside in both free market and preferential rent units, offering long-term value-add potential.
Prime Brooklyn Location • 7-minute walk to Newkirk Plaza (B & Q trains) & Newkirk Ave-Little Haiti (2 & 5 trains) • 15-minute walk to Brooklyn College
Efficient Building Infrastructure - Features a gas-fired boiler for heating and individual electric meters, reducing landlord utility expenses.

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 9 min - 2.9 mi
Atlantic Terminal (Babylon Branch - Long Island Rail Road, City Terminal Zone - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 8 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Church Avenue (B,Q Line) (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 1 min 6 min 0.4 mi
Beverley Road (Q Line) (Q - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
Parkside Avenue (Q - New York MTA Subway (The Subway)) 1 min 10 min 0.6 mi
Cortelyou Road (Q - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
Church Avenue (2,5 Line) (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
John F Kennedy International 20 min - 11.8 mi
LaGuardia 25 min - 12.0 mi
Newark Liberty International 32 min - 19.0 mi