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576 Lenox Rd
Brooklyn, NY 11203 East Flatbush

$3,800,000 USD

Apartments For Sale  •  6,738 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,738 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 6.50 %
  • Zoning R5
86 Transit Score
76 Walk Score

Highlights

New Development with Tax abatement
Fully occupied quality tenants
8 parking spots

Property Flyers

Financial Summary (Actual)

Net Operating Income: $248,105 USD (2023)
Cap Rate: 6.50 %
Total Expenses: $35,095 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Heating
  • Smoke Free
  • Kitchen
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

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 - 2.6 mi
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 7 min - 3.3 mi
Transit/SubwayDriveWalkDistance
Winthrop Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 3 min 14 min 0.8 mi
Church Avenue (2,5 Line) (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
John F Kennedy International 18 min - 10.7 mi
Laguardia 27 min - 12.7 mi
Newark Liberty International 34 min - 18.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Roni Dotan 718-422-2538 The Corcoran Group
Roni Dotan 718-422-2538 The Corcoran Group