Description

An excellent investment or great rental income property for investors and developers! Located on the prime corner of Avenue Z and East 29th Street, in Sheepshead Bay. This 12 family property is a three story, 9,600 square foot brick building, sitting on a 40 x 100 foot lot. The building is 40 feet wide and 80 feet long with a 20 foot backyard and access to the basement. The building is in very good condition featuring eight 2 bedroom apartments and four 1 bedroom apartments. Each unit has individual electric meters, some units have been recently renovated. There is a possibility to convert into condos, check with an architect. What makes this property a true gem in this neighborhood? You can buy the building vacant. Leaving endless possibilities.
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Building Features 3 Floors12 Units

intercom
courtyard
laundry
parking

$3,700,000 / $385 per ft²

Last Asking: Oct 31, 2021

20 Beds / 12 Baths - / 9,600 ft²

Total Monthly expenses: $36,690

Maintenance: - / R.E. Taxes $36,690

Other Details:

-

Lot Size: 40.0' x 100.0' Built: 40.0' x 80.0'

Zoning: -

Alexander
Korotkiy

alex@ak.team

(347) 302-0030

Unit listing history

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