NY > Brooklyn > Brighton Beach
Brooklyn, NY 11235,3022 BRIGHTON 8TH Street
Brooklyn, NY 11235,3022 BRIGHTON 8TH Street
Brooklyn, NY 11235,3022 BRIGHTON 8TH Street
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Randy Reis

Randy Reis

+1(917) 336-1118
Listing Courtesy of Revived Residential
$1,899,000
Est. payment /mo
10 Beds
6 Baths
2,961 SqFt
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UPDATED:

Key Details

Property Type Multi Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,961 sqft

Price per Sqft $641

Subdivision Brighton Beach

MLS Listing ID RLS20054555

Bedrooms 10

HOA Y/N No

Year Built 1932

Annual Tax Amount $15,000

Property Sub-Type Multi Family

Property Description

This well-maintained building in the vibrant Brighton Beach neighborhood of Brooklyn offers a variety of unit types, providing a steady rental income stream. The property includes 8 Single Room Occupancy (SRO) units, 2 private rooms, 1 studio, and 1 two-bedroom apartment. The units generate a total monthly rent of $21,122 and a gross yearly rent roll of $253,464, with a net income of $200,200. Expenses include heat ($8,500), electric ($4,800), water/sewer ($4,800), insurance ($10,000), taxes ($15,000), and repairs ($7,000), for total annual expenses of $50,100. The building features a new roof with solar panels, new plumbing, updated electrical systems and tile throughout. The water heater and boiler are 3 years old. With a cap rate of 9.1%, this property offers a steady cash flow appealing to investors. It's conveniently located near local amenities, transportation, and the Brighton Beach community.

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free

Fireplace No

Laundry In Unit

Exterior

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Townhouse

Story 2

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 08677-0012

Ownership None

Monthly Total Fees $1, 250

Special Listing Condition Standard

Pets Allowed Building Yes, No

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REBNY IDX
RLS Data display by eXp Realty

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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