New York / Brooklyn / 11213 / 1337 President Street

1337 President Street

Q: What is the asking price for 1337 President Street in Brooklyn?

The asking price for 1337 President Street is $8,410,000

Q: What is the building size of this Multifamily property in Brooklyn, NY?

The size of the building/unit at 1337 President Street in Brooklyn is 18,360 square feet.

Q: What is the population within 1 mile of 1337 President Street?

The population within 1 mile of 1337 President Street Brooklyn, NY 11213 is 180,646 people.

Q: Who do I contact for questions about 1337 President Street?

You should contact the listing agent, Michelle Abramov, for any details regarding this commercial listing.

Brooklyn, NY 11213

Listing ID: 148406

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1337 President Street Brooklyn, NY 11213 | for Sale | Photo 1

Building Size: 18,360 SF

Lot Size: --

Land Size: --

Building $/SF: $458.06

Land $/SF:

Price

$8,410,000

Description

Asset Commercial Realty Group has been exclusively retained to market the Troy-Rogers Portfolio, which holds a total of five (5) properties with all of them spanning three (3) stories each: three (3) mixed-use and two (2) multifamily located across Crown Heights, Flatbush, and Prospect Lefferts Gardens in Brooklyn.
Details

All of the properties have recently been gut renovated with new bathrooms, new kitchens, appliances-appealing to the market residential rental pool. The Troy-Rogers Portfolio holds a total of twelve (12) free market residential units and three (3) retail units. The total building size is 18,360 SF with a collective lot size of 8,670 square feet. Each residential unit is comprised of three (3) bedrooms and one (1) bathroom and there is one (1) duplex that has three (3) bedrooms and two (2) bathrooms. The portfolio holds roughly 4,082 square feet of air rights as well, providing for additional as of right residential development to be implemented in the near future. The portfolio is also well positioned with great access to public transportation such as a couple blocks from the subway lines, buses, and highways.

Collectively, the Troy-Rogers Portfolio produces a gross income of $501,900with a total expense of $60,366 and yields an Net Operating Income (NOI) of $441,534. The portfolio is 100% occupied.

Ownership has set the asking price at $8,410,000 which reflects a 5.25% CAP rate and $458 per square foot.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

New York History of Multifamily Housing for Sale

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Listing Demographics for 1337 President Street Brooklyn, NY 11213

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		180,646	1,323,589	2,746,221
Population Median Age		37	36	37
Population by Age	0-9 Yrs	20230 (11%)	177053 (13%)	362693 (13%)
	10-19 Yrs	19275 (10%)	150715 (11%)	307836 (11%)
	20-29 Yrs	35137 (19%)	235747 (17%)	464328 (16%)
	30-39 Yrs	29761 (16%)	225756 (17%)	461625 (16%)
	40-49 Yrs	21223 (11%)	164966 (12%)	347255 (12%)
	50-59 Yrs	22256 (12%)	148647 (11%)	317170 (11%)
	60-69 Yrs	16877 (9%)	119073 (8%)	258472 (9%)
	70+ Yrs	15887 (8%)	101632 (7%)	226843 (8%)

Median HH Income		$50,042	$55,508	$59,496
Total Household Income	< 24K	19849 (27%)	133107 (26%)	255446 (25%)
	25-49K	15859 (22%)	97759 (19%)	192643 (18%)
	50-74K	11529 (16%)	72129 (14%)	144468 (14%)
	75-99K	7910 (11%)	54308 (10%)	110592 (10%)
	100-199K	12635 (17%)	97710 (19%)	211521 (20%)
	200K+	3680 (5%)	40939 (8%)	99831 (9%)

Highest Education Level	No Diploma	18613	152057	345628
	Diploma or GED	33396	228302	469895
	Some College	22022	133593	249821
	Assoc. Degree	8280	54074	109232
	Bachelors Degree	27143	198336	427979
	Higher Degree	17593	133959	282213

Total Housing Units		78,313	540,691	1,108,805
--Owner-Occupied		12,473	122,317	284,537
--Renter-Occupied		58,988	373,636	729,965
Owner-Occupied Values	< 100K	569	4452	10820
	100-199K	422	3119	8129
	200-299K	512	5648	12020
	300-399K	819	11625	23199
	400-499K	1006	15727	34360
	500K+	9145	81746	196009

Total Working Age Population		148,612	1,053,802	2,194,936
In Work Force		97,307	688,577	1,415,904
Not In Work Force		51,306	365,225	779,032
Workforce Employed		89,692	636,840	1,321,232
Workforce Unemployed		7,578	51,562	94,182
Civlian Workforce		97,270	688,403	1,415,414
Military Workforce		37	175	490

Total Households		71,462	495,953	1,014,501
Family Households		38,389	285,019	603,962
Non-Family Households		33,072	210,934	410,540
Married Couple		17,413	150,631	369,828
Other Family		20,976	134,388	234,134
Married w/Child		7,038	69,580	166,614
Single Male w/Child		1,320	8,980	17,089
Single Female w/Child		6,817	45,995	77,262

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New York	18,976,457	+2	19,378,102	+4	20,146,131	+2	20,604,030
Kings County	2,465,326	+2	2,504,700	+9	2,738,283	+5	2,863,996
Queens County	2,229,379	0	2,230,722	+9	2,436,549	+5	2,565,268
New York County	1,537,195	+3	1,585,873	+6	1,688,894	+2	1,727,631

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1337 President Street in Brooklyn?

The asking price for 1337 President Street is $8,410,000

What is the building size of this Multifamily property in Brooklyn, NY?

The size of the building/unit at 1337 President Street in Brooklyn is 18,360 square feet

What is the population within 1 mile of 1337 President Street in Brooklyn?

The population within 1 mile of 1337 President Street Brooklyn, NY 11213 is 180,646 people.

Who do I contact for questions about 1337 President Street?

You should contact the listing agent, Michelle Abramov, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
La Guardia Airport (LGA)	8
John F Kennedy International Airport (JFK)	9
Newark Liberty International Airport (EWR)	12