10 Brooklyn Place

Investment Overview

10 Brooklyn Place is a fully occupied nine-unit apartment building situated on a quiet residential lane at the intersection of Nob Hill and Chinatown. The 4,740-square-foot, four-story property contains five 1BR/1BA apartments, two 2BR/1BA apartments, one studio and a renovated two-level 4BR/2BA residence leased for $9,000 per month. Offered at $3,095,000, the property provides immediate income and an attractive current return, with net operating income of $201,164, a 6.50% cap rate and a 9.8 GRM. The offering also represents a compelling entry basis of approximately $343,889 per unit and $653 per square foot. Built in 1928 of concrete construction on a concrete foundation, the professionally managed building features 400-amp electrical service, a new sewer lateral, a modified-bitumen roof replaced in 2025, shared coin-operated laundry and an established RUBS program. Current apartment rents total $24,723 per month, with approximately 18% upside at market and an 8.14% pro forma cap rate. Near Grant Avenue, Union Square, the Financial District and North Beach, 10 Brooklyn Place offers investors a rare combination of current yield, income growth and a compelling per-unit basis in one of San Francisco’s most walkable and transit-connected locations.

Investment Highlights

• Offered at $3,095,000 | 6.50% cap rate | 9.8 GRM
• Fully occupied 9-unit property with five 1BR/1BA apartments, two 2BR/1BA apartments, one studio and one 4BR/2BA residence.
• Renovated two-level 4BR/2BA residence leased for $9,000 per month.
• Approximately 18% Rent Roll upside at market and an 8.14% pro forma cap rate.
• New sewer lateral, modified-bitumen roof replaced in 2025, 400-amp electrical service, coin-operated laundry and an established RUBS program.
• Compelling basis of approximately $343,889 per unit in a highly walkable, transit-rich Nob Hill/Chinatown location. 100 Walk Score, 100 Transit Score.