ID # | 11220398 |
Construction Year | 1926 |
Taxes (per year) | $16,000 |
Broker Website | |
Bus | 1 min to B41 |
2 min to B16 | |
3 min to B43, B48 | |
4 min to B12, B49 | |
9 min to B35, B44+ | |
Subway | 4 min to B, Q |
LIRR | 1.5 miles to "Nostrand Avenue" |
1.9 miles to "Atlantic Terminal" | |
Prospect Park Lefferts Gardens Mixed Use building Fantastic location 7- two bedroom apartments plus 1 Retail Store on ground floor , 6 apartments are renovated with all new kitchens .& bathrooms, floors, walls windows etc. One apartment is vacant . Four apartments are decontrolled , 2 are rent stabilized, one is a preferential rent that will go to market rent at the next vacancy. Store has no lease and pays $2500.00 per year for RE Tax and $ 875 per year for water tax. There is a new central gas boiler , new hot water tank , new roof , all new windows with the new renovations . Tenants pay online. Actual Net Rent Income $131,00 Approx 6.3 Cap . not including the vacant apartment. Potential Net Rent income $181,000.00, 8.4 Cap Call Listing Broker to show. All Buyers MUST provide Proof of Funds before showing date.