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
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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 type
Multi-family Building
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