Sold
$ 2,200,000
[5.09%]
[$ -118,000]
Building For Sale
Property Type
Sold
Status
$ 41,767
Real Estate Taxes
[Per Annum]
Building Details
Multi-Family
Ownership
5737/56
Block/Lot
40'x86'
Building Size
40'x100'
Lot Size
R5B
Zoning
Description
Large 12-family solid building in Sunset Park/Borough Park neighborhood. Lot size:40x100, Building Size:40x86. Current rental income: $208,272/year. Total expensive: $92,825/year. Net income: $115,447/year. Cap rate is over 5%. The overall conditional of the building is good. Seven 1-bedroom apartments and Five 2- bedrooms apartments. Suitable for both self-occupancy and investment. Close to the N subway station and just a few minutes away from 8th Avenue China Town.
Large 12-family solid building in Sunset Park/Borough Park neighborhood. Lot size:40x100, Building Size:40x86. Current rental income: $208,272/year. Total expensive: $92,825/year. Net income: $115,447/year. Cap rate is over 5%. The overall conditional of the building is good. Seven 1-bedroom apartments and Five 2- bedrooms apartments. Suitable for both self-occupancy and investment. Close to the N subway station and just a few minutes away from 8th Avenue China Town.
Listing Courtesy of E House Realty & Mgt. Inc.
Features
Exposed Bricks
Contact
Coldwell Banker Reliable Real Estate
License
Licensed As: Not Applicable
Mortgage Calculator
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 486660