Commercial For Sale: USA New York Brooklyn Listing #
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$3,199,000 USD

Brooklyn, New York 11228
USA
1,739.088 m2 :: 18,720 sqft
20 full baths
Commercial for Sale, Multi-Family Home
Land size: 2350.498 ha :: 5,808.00 acres
Sale price per sqm: 1,839.41
Tax: 48,244 USD
CENTURY 21 Realty First
6806 18th Avenue
Brooklyn, New York 11204, United States
Phone: 718-758-5838

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Remarks:

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 $297,840/yr, with 10 leases for renewal ready with a boost of rent increase. The building offers a Cap Rate that is about 6.25%. 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 flashing on roof, and most mechanical equipment updated in the last 10 years, hot water tank brand new. 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!

Features:

  • Year Built: 1916
  • Number of Levels: 4
  • Building age: Over 50 years old
  • Utilities: City water, City sewer

Location:

Brooklyn, New York 11228, USA
Listed By CENTURY 21 Realty First

The Commercial for Sale, Multi-Family Home located in Brooklyn, New York 11228, USA is currently for sale. This property is listed for $3,199,000 USD. This property has 20 full baths and 18,720 sqft. If this property isn't what you're looking for, search NY Real Estate  to see other  Commercial For Sale in Brooklyn.

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