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$1,400,000
Est. payment /mo
9 Baths
6,758 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,758 sqft
Price per Sqft $207
MLS Listing ID 501315
Full Baths 9
Year Built 1931
Annual Tax Amount $26,000
Property Sub-Type Multi-Family
Property Description
Great investment opportunity in East Flatbush. Fully detached brick 9-family building with paying tenants already in place. Property sits on a 40 x 100 lot and offers approximately 4,700 square feet of living space. Building size is 27 x 85! The building features 2 two-bedroom apartments (Units 2A and 3A) and 7 one-bedroom apartments. Current annual income is approximately $145,000 with yearly expenses around $45,000, making this a solid income-producing property from day one. Located in a strong rental area of Brooklyn, New York City, this is a great opportunity for investors looking to add a stable multifamily property to their portfolio. Priced to sell and won't last long.
Location
State NY
County Kings (brooklyn)
Area East Flatbush
Zoning R5
Rooms
Basement Finished
Interior
Hot Water Other
Heating Oil
Flooring Other
Heat Source Oil
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Other
Handicap Access No
Building
Story 3
Foundation Other
Others
Energy Description Oil
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Remax Top Nest Real Estate
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716