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$5,180,000
Est. payment /mo
17.5 Baths
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 499344
Full Baths 17
Half Baths 1
Annual Tax Amount $105,000
Property Sub-Type Multi-Family
Property Description
Income Producing great condition multifamily located in the heart of Sunset Park. Solid 5% Cap rate at asking price. 16 Units building with basement with additional storage. 13 of the 16 units are Free Market rent. All units are Two bedrooms One full bath. Excellent conditions in each unit. Perfect for 1031 exchange, long term investment. Assumable mortgage at 3.92 % interest rate! Newer boiler, furnace. Turnkey investment building for the right buyer. Rent roll and expense detail upon request. Call today.
Total annual income: $436,536. Annual expenses: $178,700. Net income: $257,836.
Total annual income: $436,536. Annual expenses: $178,700. Net income: $257,836.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Rooms
Basement Finished, Full, Separate Entrance
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood, Laminate, Other
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available Door – Intercom, Secure Lobby
Roof Type Other
Handicap Access No
Building
Foundation Block, Stone
Others
Energy Description Gas
Financing 1031 Exchange,Assumption,Bank Mortgage,Cash
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Listed by Real Broker NY LLC
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716