$1,560,0001852 64 StreetBrooklyn, New York, 11204
This listing is no longer available.
Primary Features
- Beds: 7
- Baths: 5
- Property Type: Residential
- Property Subtype: Multi-Family
- Building Size: 1596 sqft.
- Lot Size: 2500 sqft.
- Year Built: 1931
Other Features
- Flooring: Hardwood, Linoleum,Tile
- Foundation Details: Poured Concrete
- Heat Delivery: Steam/Radiator
- Heating Fuel: Gas
- Parking Attributes: Other
- Roof: Asphalt/Tar, Flat
- Electric: 220 V, Circuit Breakers
Location
- Neighborhood: Bensonhurst
- City: Brooklyn
- State: New York
- Zip: 11204
- Zoning: R5
Pricing & Sale Info
- Price: $1,560,000
- Tax Amount: $11,000
- MLS#: 440411
- Updated: Nov 16, 2021
About This Property
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!
