ID # | H6295774 |
Details | 9 fam, 14 bed, 9 bath, AC, Lot Size: 0.06 acres, Interior: 8100 ft2, 753m2, 9 Units in the building Listing Age: 194 days |
Construction Year | 1931 |
Taxes (per year) | $22,703 |
Fuel Type | Gas |
Heat type | Hot water |
Air Conditioning | Window AC |
Basement | Full basement |
Bus | 1 min to B70 |
5 min to B11, B35 | |
9 min to B63 | |
Subway | 7 min to D |
LIRR | 3 miles to "Atlantic Terminal" |
3.6 miles to "Nostrand Avenue" | |
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. © 2023 OneKey™ MLS, LLC