Closed417 85th StreetBrooklyn, New York, 11209

Primary Features

  • Lot Size Square Feet: 2475 sqft.
  • Property Type: Residential
  • Property Sub Type: Multi Family
  • Year Built: 1922

Other Features

  • Flooring: Hardwood,Tile
  • Foundation Details: Poured Concrete
  • Heating: Gas
  • Roof: Flat
  • Utilities: n/a
  • Electric: 220 V,Circuit Breakers

Location

  • Street Address: 417 85th Street
  • Neighborhood: Bay Ridge
  • City: Brooklyn
  • State: New York
  • County: Kings (Brooklyn)
  • Postal Code: 11209

Pricing & Sale Info

  • Tax Annual Amount: $20,290
  • MLS#: 459050
  • Last Change Timestamp: Jul 28, 2022
  • Source MLS: Brooklyn New York MLS

About This Property

This is a 6 Family Property consisting of all 3 room 1 Bedroom apartments. 5 of the 6 units are currently occupied. 1 of the 6 is currently vacant. The condition of the property is Excellent! No Violations, No Headaches. Great Cashflow! The location is ideally located in a highly desirable area for prospective tenants. The owner never had an issue with renting these apartments. It is a "Cash Cow" Cap Rate is 4%. Seller is motivated and ready to sell open to hearing all offers. Make this property one of your newest additions to your real estate investment portfolio.