311 Troutman Street — Sale in Brooklyn, NY
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Brooklyn, NY 11237
Investment Figures
- Cap rate
- 6.70%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to offer 311 Troutman Street, an 8-unit multifamily building located in the heart of Bushwick, one of Brooklyn’s most dynamic and rent-growth-oriented neighborhoods. The property contains approximately 6,500 gross square feet on a 25’ x 100’ lot and is situated in an R6 zoning district. Investment Highlights: • 311 Troutman Street, built in 1961, is an 8-unit multifamily asset, approx. 6,500 SF. • 88% Fair Market | Tax Class: 2B | Zoning: R6 • 311 Troutman Street is in close proximity to the Jefferson St and Morgan Ave L Subway stations.
Market Context
This multifamily in Brooklyn, NY is listed for sale. It is offered at an approximate 6.7% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 101 days. Compare it against other multifamily listings for sale in Brooklyn, NY — view the full market.
Contact
- Michael Salvatico
- Max Herzog · (212) 430-5165 · mherzog@ipausa.com
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