Description

This Property is an excellent opportunity for an investor or an end user! The property is a legal 4 family Semi-detached brick building with detached garage on Sheepshead Bay areas of Brooklyn. This solid and stunning property features a 2 - bedroom apartment on the first level, 2 to 4 level features a 3-bedroom apartment. Tenants are fully responsible for paying hot water bills; 4 gas meters. 5 electric meters. The property is well kept and fully occupied. Taxes $13,327; Gross Income $115,800; Total Annual Expenses $25,527; NAI $ 90,273; CAP rate 5%.

The property is Conveniently located between Ave U & T, near to all shopping, Kings Plaza Mall, Supermarkets, Pharmacies and school. Transportation is close to multiple transportation options such as B&Q train, buses as well and Belt PKWY express Etc. delivery vacant.
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Building Features 3 Floors4 Units

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$1,698,000 / $512 per ft²

$70,000  -  36 days ago

Listed on Apr 21, 2024

424 Days on Market

11 Beds / 4 Baths - / 3,312 ft²

Total Monthly expenses: $1,110

Maintenance: - / R.E. Taxes $1,110

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Estimated Monthly Payment: $11,277

Assumes 7% Mortgage Rate and 90% financing

Other Details:

Multi Family (4-6 Family)

Lot Size: 28.0' x 100.0' Built: 18.0' x 46.0'

Zoning: C2-3

Exclusively listed with: Century 21 Realty First Source: Brooklyn MLS

Huizhen Li

roselirealty88@gmail.com

(646) 203-7488

Listing Courtesy of Century 21 Realty First

Unit listing history

Date Status Amount Listed by
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