Off-Market Archive

No longer actively listed

Off market since May 14, 2026. Photos, details, and location data are preserved for neighborhood research and comparable analysis.

Last listed

$16,000,000.00

Off-Market

722 Banner Ave

Brooklyn, NY 11235, USA

List price

$16,000,000

Multi-family Building

1 / 8

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Story

***Building appraised at 18.5 million in April 2021*** - seller is extremely motivated to sell! Willing to entertain any reasonable cash offer with proof of funds! 30 Units Total: 18 - 2 bedroom/2 bathroom 12 - 1 bedroom/1 bathroom ALL UNITS INCLUDE: **WASHER & DRYER ** PRIVATE BALCONIES ** Parking Garage and additional parking onsite ** Easy Access to the Belt Parkway ** Elevator in building ** Beautifully designed Units with hardwood flooring , private terraces, new appliances, high quality finishes All Rental Units - 90% Occupied Net Income - 1 million Tax Abatement - expires in 2026 Approved for 25,000 SqFt of additional space Medical Office in building - Rents for $17,000/month - 4500 SqFt Clear title - Quick Close 2 bedroom apartments rent for $2500-2700 1 bedroom apartments rent for $1800-2200 Parking Spots rent between $250-350

Property details

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Property

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Property type

Multi-family Building

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