LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase, wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,289 (updated 6/19). N.O I. = $101,262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.
MLS# | H6295774 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1931 |
Days On Site | 137 |
Listing Provided By | Keller Williams Realty NYC Grp | Gregory Tsougranis |
Bed(s) | 14 |
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Bath(s) | 9 Total |
SQ Feet | 8,100 |
Basement | Y |
Units | 9 |
Acreage | 0.06 |
State | NY |
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County | Brooklyn |
City | Sunset Park |
Zip Code | 11220 |
Subarea | 13 |
School District | Call Listing Agent |
Elementary School | Call Listing Agent |
Middle School | Call Listing Agent |
High School | Call Listing Agent |
Listing VS Median (in 11220) | |
Price: $2,000,000 low | high Med: $705,000 SqFt: 8,100 low | high Med: 645 $ / SqFt: $247 low | high Med: $1,093 On Site: 137 low | high Med: 24.000000 |