UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision East New York
MLS Listing ID 972287
Rental Info No
Year Built 1930
Annual Tax Amount $11,161
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Multi Family
Source onekey2
Property Description
The building is configured with 7 electric meters and 6 gas meters, allowing for separate utilities. Recent improvements include a new boiler and hot water heater, and the roof was replaced approximately six years ago.
Conveniently located near public transportation, neighborhood shopping, and local amenities, making it attractive for long-term tenants.
Currently generating approximately $88,000 in Net Operating Income (NOI) and offered at approximately a 7% cap rate at the asking price. Excellent opportunity for investors seeking a well-sized multifamily property with solid cash flow in Brooklyn.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 13 Roberto Clemente
Middle Schools Jhs 292 Margaret S Douglas
High Schools Brooklyn 19
School District Brooklyn 19
Others
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.