UPDATED:
Key Details
Property Type Multi Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 972353
Bedrooms 14
Full Baths 6
Rental Info No
Year Built 1930
Annual Tax Amount $11,161
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 25x100
Property Sub-Type Quadruplex
Source onekey2
Property Description
The building is configured with 7 electric meters and 6 gas meters, allowing for separate utilities. Recent improvements include a new boiler and hot water heater, and the roof was replaced approximately six years ago.
Conveniently located near public transportation, neighborhood shopping, and local amenities, making it attractive for long-term tenants.
Currently generating approximately $88,000 in Net Operating Income (NOI) and offered at approximately a 7% cap rate at the asking price. Excellent opportunity for investors seeking a well-sized multifamily property with solid cash flow in Brooklyn.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Interior Features Other
Heating Natural Gas, Other
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 13 Roberto Clemente
Middle Schools Jhs 292 Margaret S Douglas
High Schools Brooklyn 19
School District Brooklyn 19
Others
Senior Community No
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716