ID # | 11364263 |
Construction Year | 1928 |
Taxes (per year) | $62,674 |
Basement | Full basement |
Broker Website | |
Bus | 3 min to B35, B70 |
7 min to B11 | |
10 min to B16 | |
Subway | 4 min to D |
LIRR | 2.9 miles to "Atlantic Terminal" |
3.5 miles to "Nostrand Avenue" | |
Don't miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40x90 and the lot size is 40x100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.