Ad #7477369
MLS #929965
Calling All Investors, Developers & End-Users!!! 9.71 Cap 24
75 Grant Ave, Brooklyn, New York, 11208
$2,999,000
--Beds
--Baths
--Sqft
0.145Acres
About this property
Calling All Investors, Developers & End-Users!!! 9.71 Cap 24 Unit Apartment Building With R5 Zoning In Brooklyn For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 8' Ceilings, R5 Zoning, (4) 2 Br. Apts., (16) 1 Br. Apts., (4) Large Studio Apts., All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Brooklyn Just Off Jamaica Ave., 2 Blocks From Rockaway Blvd. & Minutes From Woodhaven Blvd.!!! Neighbors Include Chase Bank, USPS, Stop & Shop, Century 21, YMCA, Boost Mobile, Dunkin', Wendy's, McDonald's, Subway, Papa John's, White Castle, KFC, +++!!! The Building Has 60 Feet Of Frontage On Grant Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Be The Next Home For Your Business!!! Income: Unit 1A (2 Br. Apt.): $21,600 Ann.; Lease Exp.: 4/30/26. Unit 2A (2 Br. Apt.): $18,469.56 Ann.; Lease Exp.: 7/31/26. Unit 3A (2 Br. Apt.): $13,932.48 Ann.; Lease Exp.: 9/14/26. Unit 4A (2 Br. Apt.): $20,053.20 Ann.; Lease Exp.: 1/14/26. Unit 1B (1 Br. Apt.): $14,697.12 Ann.; Lease Exp.: 1/31/27. Unit 2B (1 Br. Apt.): $14,002.08 Ann.; Lease Exp.: 10/14/26. Unit 3B (1 Br. Apt.): $17,113.92 Ann.; Lease Exp.: 7/31/25. Unit 4B (1 Br. Apt.): $18,082.68 Ann.; Lease Exp.: 12/31/26. Unit 1C (1 Br. Apt.): $17,598.84 Ann.; Lease Exp.: 3/14/26. Unit 2C (1 Br. Apt.): $15,735.12 Ann.; Lease Exp: 7/31/26. Unit 3C (1 Br. Apt.): $17,972.28 Ann.; M-M. Unit 4C (1 Br. Apt.): $37,800 Ann. (Available) Unit 1D (1 Br. Apt.): $20,002.32 Ann.; Lease Exp.: 9/30/26. Unit 2D (1 Br. Apt., Super): $17,286.36 Ann.; Lease Exp.: 6/30/26. Unit 3D (1 Br. Apt.): $17,144.88 Ann.; Lease Exp.: 12/31/26. Unit 4D (1 Br. Apt.): $11,987.64 Ann.; Lease Exp.: 11/30/27. Been Here 45 Years. Unit 1E (1 Br. Apt.): $15,115.92 Ann.; Lease Exp.: 4/13/26. Unit 2E (1 Br. Apt.): $14,290.44 Ann.; Lease Exp.: 2/28/26. Unit 3E (1 Br. Apt.): $14,540.16 Ann.; Lease Exp.: 9/30/26. Unit 4E (1 Br. Apt.): $14,805.60 Ann.; Lease Exp.: 10/31/26. Unit 1F (Studio Apt.): $24,480 Ann. (Available) Unit 2F (Studio Apt.): $24,480 Ann. (Available) Unit 3F (Studio Apt.): $16,500 Ann.; Lease Exp.: 1/30/27. Unit 4F (Studio Apt.) $16,629.48 Ann.; Lease Exp.: 7/14/26. Expenses: Oil: $17,000 Ann. Electric: $980 Ann. Maintenance & Repairs: $250 Ann. Insurance: $12,023 Ann. Water & Sewer: $16,000 Ann. Taxes: $87,075 Ann. Total Expenses: $133,328 Ann. Pro Forma Gross Income: $434,320.08 Ann. Pro Forma Net Operating Income (NOI): $300,992.08 Ann. (9.71% Cap!!!)
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1930
0.145 Acres
5 Stories
Open
Siding: Brick, Frame
Oil
$87,075 / yr property tax
Kings County
Additional Photos
Contact Information
Richard Matt Shane
All Island Estates Realty Corp
516-279-8828
Location
Listing Agent: Richard Matt Shane 516-279-8828
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$2,999,000
--
Beds
--
Baths
--
Sqft
75 Grant Ave, Brooklyn, New York, 11208
By contacting this agent you agree to these Terms and Conditions.
MLS# 929965
Calling All Investors, Developers & End-Users!!! 9.71 Cap 24
$2,999,000
75 Grant Ave, Brooklyn, New York, 11208
--
Beds
--
Baths
--
Sqft
0.145
Acres
$2,999,000
75 Grant Ave, Brooklyn, New York, 11208
-- Beds
-- Baths
-- Sqft
0.145 Acres
Calling All Investors, Developers & End-Users!!! 9.71 Cap 24 Unit Apartment Building With R5 Zoning In Brooklyn For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 8' Ceilings, R5 Zoning, (4) 2 Br. Apts., (16) 1 Br. Apts., (4) Large Studio Apts., All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Brooklyn Just Off Jamaica Ave., 2 Blocks From Rockaway Blvd. & Minutes From Woodhaven Blvd.!!! Neighbors Include Chase Bank, USPS, Stop & Shop, Century 21, YMCA, Boost Mobile, Dunkin', Wendy's, McDonald's, Subway, Papa John's, White Castle, KFC, +++!!! The Building Has 60 Feet Of Frontage On Grant Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Be The Next Home For Your Business!!! Income: Unit 1A (2 Br. Apt.): $21,600 Ann.; Lease Exp.: 4/30/26. Unit 2A (2 Br. Apt.): $18,469.56 Ann.; Lease Exp.: 7/31/26. Unit 3A (2 Br. Apt.): $13,932.48 Ann.; Lease Exp.: 9/14/26. Unit 4A (2 Br. Apt.): $20,053.20 Ann.; Lease Exp.: 1/14/26. Unit 1B (1 Br. Apt.): $14,697.12 Ann.; Lease Exp.: 1/31/27. Unit 2B (1 Br. Apt.): $14,002.08 Ann.; Lease Exp.: 10/14/26. Unit 3B (1 Br. Apt.): $17,113.92 Ann.; Lease Exp.: 7/31/25. Unit 4B (1 Br. Apt.): $18,082.68 Ann.; Lease Exp.: 12/31/26. Unit 1C (1 Br. Apt.): $17,598.84 Ann.; Lease Exp.: 3/14/26. Unit 2C (1 Br. Apt.): $15,735.12 Ann.; Lease Exp: 7/31/26. Unit 3C (1 Br. Apt.): $17,972.28 Ann.; M-M. Unit 4C (1 Br. Apt.): $37,800 Ann. (Available) Unit 1D (1 Br. Apt.): $20,002.32 Ann.; Lease Exp.: 9/30/26. Unit 2D (1 Br. Apt., Super): $17,286.36 Ann.; Lease Exp.: 6/30/26. Unit 3D (1 Br. Apt.): $17,144.88 Ann.; Lease Exp.: 12/31/26. Unit 4D (1 Br. Apt.): $11,987.64 Ann.; Lease Exp.: 11/30/27. Been Here 45 Years. Unit 1E (1 Br. Apt.): $15,115.92 Ann.; Lease Exp.: 4/13/26. Unit 2E (1 Br. Apt.): $14,290.44 Ann.; Lease Exp.: 2/28/26. Unit 3E (1 Br. Apt.): $14,540.16 Ann.; Lease Exp.: 9/30/26. Unit 4E (1 Br. Apt.): $14,805.60 Ann.; Lease Exp.: 10/31/26. Unit 1F (Studio Apt.): $24,480 Ann. (Available) Unit 2F (Studio Apt.): $24,480 Ann. (Available) Unit 3F (Studio Apt.): $16,500 Ann.; Lease Exp.: 1/30/27. Unit 4F (Studio Apt.) $16,629.48 Ann.; Lease Exp.: 7/14/26. Expenses: Oil: $17,000 Ann. Electric: $980 Ann. Maintenance & Repairs: $250 Ann. Insurance: $12,023 Ann. Water & Sewer: $16,000 Ann. Taxes: $87,075 Ann. Total Expenses: $133,328 Ann. Pro Forma Gross Income: $434,320.08 Ann. Pro Forma Net Operating Income (NOI): $300,992.08 Ann. (9.71% Cap!!!)
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1930
0.145 Acres
5 Stories
EXTERIOR
Open
Siding: Brick, Frame
INTERIOR
Oil
FINANCIAL & COMMUNITY
$87,075 / yr property tax
Kings County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7477369
Viewed
3 times
Listing Status
Pending
Added
Jul 10, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
929965
Listing Agent: Richard Matt Shane 516-279-8828
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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