$1,560,0001852 64 StreetBrooklyn, New York, 11204

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!