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Address Undisclosed

E. New York, NY 11208
  • $4,200,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 3348674
UPDATED: 14 min ago
$4,200,000
  • 19
    BEDS
  • 0.11
    ACRES
  • 19
    BATHS
  • 0
    1/2 BATHS
  • 17,900
    SQFT
  • $235
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

A pristine 19 unit apartment building located in East New York. Each unit consist of 1 bedroom/ 1 bath. Fully occupied and rent-stabilized. Buyers must provide proof-of-financing and meet with the broker before showings are scheduled. The roof is sold to a cellular company for satellite tower space. Owner is entitled to 60% of profits if subleased. Property Taxes: ~$64,000 Insurance: ~$48,000 Maintenance(estimate): ~$1,840 Heating(oil): ~$16,000 Hot Water: ~$15,000 Operating Expenses: $142,840 Gross Income: $276,000 Cap Rate: 3.17%

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Goldstar Premier Properties. Data last updated: 2021-12-03T10:17:03.843.
www.goldstarpremier.com/homes/121875641
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Address Undisclosed E. New York, NY 11208

  • Price: $4,200,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 14 min ago
  • MLS #: 3348674
19
Beds
19
Baths
0
½ Baths
0.11
Acres
17,900
SQFT
$235
$/SQFT
1921
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Elementary School:
Ps 214 Michael Friedsam
Middle School:
Jhs 218 James P Sinnott
High School:
Transit Tech Career And Tech Edu
School District:
Brooklyn 19
Property Description
A pristine 19 unit apartment building located in East New York. Each unit consist of 1 bedroom/ 1 bath. Fully occupied and rent-stabilized. Buyers must provide proof-of-financing and meet with the broker before showings are scheduled. The roof is sold to a cellular company for satellite tower space. Owner is entitled to 60% of profits if subleased. Property Taxes: ~$64,000 Insurance: ~$48,000 Maintenance(estimate): ~$1,840 Heating(oil): ~$16,000 Hot Water: ~$15,000 Operating Expenses: $142,840 Gross Income: $276,000 Cap Rate: 3.17%
Exterior Features

Architectural Style Apartment Construction Materials Brick Garage YN No Lot Features Near Public Transit Lot Size Dimensions 50X100 Parking Features NoneOn Street

Interior Features

Basement Walk-Out Access Cooling Wall Unit(S) Cooling YN Yes Fireplaces Total 0 Heating OilRadiant Number Of Kitchens 19 Rooms Total 57

Property Features

Lease Considered YN No Property Attached YN Yes Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 64000.00 Water Source Public

Listing courtesy of Daylan Bisram of East Point Realty Llc.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Goldstar Premier Properties. Data last updated: 2021-12-03T10:17:03.843.
 
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