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  46-54 Sullivan Street

  Multifamily property SOLD
46-54 Sullivan Street
46 Sullivan Street
Brooklyn, NY 11231
Sale Price$1,725,000
Property TypeWalk-Up Building
NeighborhoodRed Hook
Block / Lot00556 / 0032
Bldg Size22,833 SF (Approx)
Bldg Dimensions85' x 50' (Approx)
No. of Stories6
No. of Units20
Sale Date1/10/2011
Investment highlights: 
46-54 Sullivan Street is a 85’ wide, six (6) story mixed-use walk-up building located on the northwest corner of Sullivan and Richard Streets. The building contains twenty-one (21) units, which consist of five (5) one-bedroom, fifteen (15) two-bedrooms, and (1) one commercial unit.
Location: 
The subject property is located on the northwest corner of Sullivan and Richard Streets.

The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein.

 
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Ariel Property Advisors LLC
122 East 42nd Street
Suite 1015
New York, NY 10168
Phone: 212.544.9500
Fax: 212.544.9501
Email: info@arielpa.com
 
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