View all 8 photos
Basement:Full,Unfinished
Multi-Family Residence
School District:
90 Rooms
35 Beds
20 Baths
0 Half Baths
Garage Spaces
Built: 1916
Lot Size: Acres
Heating: Gas
Air Conditioning: 5+
Taxes $50602 (Approx)
Interior Features:

Introducing one-of-a-kind Brick 20-Family in the most desired neighborhood, Bath Beach of Brooklyn, NY. This gem has a building size of 60 x 78 sitting on a 60 x 97 lot. Total 18,720 living SF. This property features 20 apartments. Most of the units have been updated. 3 units with 3 bedrooms with a Kitchen and living room and Dining room (6 rooms); 9 units with 2 bedrooms and a Kitchen and living room and Dining room (5 rooms); 8 units with 1 bedroom and a Kitchen and living room and Dining room (4 rooms). This investment generates a gross income of $198,521/yr, with 10 leases for renewal ready with a boost of rent increase. The building offers a Cap Rate that is about 5%. This high-income building combines consistent cash flow with future growth potential. Other features include A super resident in the building, maintaining all apartments while keeping them in good condition. Nice and clean basement updated new roof, and most mechanical equipment updated in the last 10 years. The building is located on a beautiful tree-lined street, just a few minutes away from 86th St, restaurants, convenience stores, supermarkets, banks, shopping, Dyker Park, and Dyker Golf Course; Bus stations, and the Belt Parkway express to the city. Won't last!

Architectural Style
Other
Construction Materials
Brick
MLSID
497746

Upcoming Open Houses

Find out more

ll
Vincent D'Amario

Century 21 Realty First

Direct - (347) 424-2179

Cell Phone - (347) 424-2179

Ask Vincent D'Amario
Schedule a Tour?
Preferred Date & Time

Location

Loading...