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$2,988,000
Est. payment /mo
19 Beds
17 Baths
11,360 SqFt
UPDATED:
12/02/2024 07:10 PM
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,360 sqft
Price per Sqft $263
MLS Listing ID 487772
Bedrooms 19
Full Baths 16
Year Built 1928
Annual Tax Amount $53,615
Property Description
Rare-Find Excellent Investment Opportunity for this 16-Family with 10 Vacant Apartments is located in the center of Prime Sunset Park Neighborhood. Potentially about $300,000 annual gross income and about $200,000 in net operating income with 6.5% CAP rate. Building size 40x86' with approx. 11,360 square feet living space is sitting on 40x100.17 lot. Numerous improvements and upgrades have been done for the past couple months. The 16 apartments are consisting of 3 two-bedroom and 13 oversized one-bedroom apartments that can be easily converted into 2 bedrooms OVER full basement with separate entrance. Won't Last!
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R6B
Rooms
Basement Full, Semi-Finished, Separate Entrance
Interior
Hot Water Oil
Heating Oil
Flooring Hardwood, Tile
Heat Source Oil
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access Unknown
Building
Story 4
Foundation Poured Concrete
Others
Energy Description Oil
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by RE/MAX Edge
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716