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$1,280,000 USD
325 37th St
Brooklyn, New York 11232
USA
Brooklyn, New York 11232
USA
339.085 m2 ::
3,650 sqft
14 bedrooms
6 full baths
Residential For Sale, Multi-Family Home
Land size: 204 m2 ::
2,200 sqft
Sale price per sqm: 3,774.74
Tax: 6,996 USD
Remarks:
A prime investment opportunity in the heart of Sunset Park, Brooklyn. This semi-detached, 6 family building offers substantial income potential with its impressive layout and strategic location. The building spans 22 x 55 feet on a 22 x 100 feet lot, providing a solid structure with spacious units. Additionally, there is a legal cellar studio basement apartment, which increases the potential of this excellent piece of investment. All apartments are currently rented at market rates, ensuring consistent cash flow. The property boasts an annual gross rental income of $131,616, with manageable expenses of approximately $24,096. This results in a strong net rental income of $107,520 and a desirable cap rate of 8.4%. Located near a variety of other local shops, Costco, Industry City, and conveniently close to the 36th St N, D, and R train station, this property offers tenants easy access to transportation and amenities. Whether you're an experienced investor or looking to expand your portfolio, this is an exceptional opportunity to own a valuable asset in one of Brooklyn's most sought-after neighborhoods.
Features:
- Year Built: 1931
- Style: Colonial
Location:
325 37th St, Brooklyn, New York 11232, USA
Listed By CENTURY 21 Realty First
The Residential For Sale, Multi-Family Home located at 325 37th St, Brooklyn, New York 11232, USA is currently for sale. 325 37th St, Brooklyn, New York 11232, USA is listed for $1,280,000 USD. This property has 14 bedrooms, 6 full baths and 3,650 sqft. If the property located at 325 37th St, Brooklyn, New York 11232, USA isn't what you're looking for, search New York Real Estate to see other Homes For Sale in Brooklyn.