176 Atlantic Ave, Brooklyn, NY
Property Information
Property Type
Mixed-use
Square Footage
6,160
Units
5
Acquisition Date
05/19/2023
Acquisition Price
$4,200,000
Construction Costs
$792,000
Other Costs
$532,000
Project Duration
5 Years
Stabilized Appraised Value (month 11)
$7,300,000
Expected Sale Value (Month 60)
$8,000,000
IRR
22.01%
Earnings Multiple
2.35x
Before
After
