1852 64 Street
1852 64 Street Brooklyn, New York 11204 United States

$1,699,999
 Get directions
 
Attention Investors: This is a 4 Family, Brick Construction Property that is fully occupied at the moment with tenants. The building consists of 4 Apartments with (3) 2 Bedrooms and (1) 1 Bedroom. The dimensions are the following: Lot Sq. Ft. 2,500 (25 x 100) & Building 3,116 Sq. Ft. (21 x 76)Current Gross Income is currently $64,200. Current Total Annual Expenses equal $14,697. Current Net...
­
Louis M. Guida
8416 3rd Avenue
Brooklyn, New York 11209 United States
$1,699,999
Change Currency
7
Bedrooms
5
Full Baths
16
Rooms
2,500 Sq Ft.
Exterior
Multi-Family Homes
Property Type
440411
Web Id
New York City Department Of Education
School District
This Property is Currently Contract Pending

About 1852 64 Street

Attention Investors: This is a 4 Family, Brick Construction Property that is fully occupied at the moment with tenants. The building consists of 4 Apartments with (3) 2 Bedrooms and (1) 1 Bedroom. The dimensions are the following: Lot Sq. Ft. 2,500 (25 x 100) & Building 3,116 Sq. Ft. (21 x 76)Current Gross Income is currently $64,200. Current Total Annual Expenses equal $14,697. Current Net Income is $49,503.Projected Gross Income could be $82,800, if the rent prices were to be adjusted to current market prices (e.g. 2 Bedroom = $1,800 & 1 Bedroom = $1,500) Projected Net Income, after expenses ($14,697), would sum up to $68,103 Annually. Cap Rate of 3.6%.Seller is motivated, open and willing to hear all offers!

features

cooling
Gas
Additional Listing Type
In Contract

Property Details

Stories
2
Style
Other

Exterior

Roofing
Asphalt/Tar, Flat

Interior

Rooms
16

Additional Information

Price Per Sq. ft
3116
Taxes
11000.00