2069 East 12th ST Active

Brooklyn,NY 11229

$ 3900000

28 Beds

19 Baths

18720 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 18,720 sqft

Price per Sqft $208

MLS Listing ID 487254

Bedrooms 28

Full Baths 19

Annual Tax Amount $41,462

Property Sub-Type Multi-Family

Property Description

Mint condition 19 unit apartment building on East 12th Street between Ave T and Ave U in prime Homecrest area. The Property has 60 feet of frontage on E 12th Street and is built 60 feet by 78 feet on a 60 foot by 105 foot R5/C1-3 lot. The Property has 4 floors and comprised of ten one-bedroom and nine two bedroom apartments with Gross Operating Income of $349,834 and Net Operating Income of $220,550 annually. The Property offers an investor an exceptional opportunity to own a building in the one of most convinient and growing neighborhoods in South Brooklyn. In general, this section of Homecrest is in constantly high demand by apartment tenants this has resulted in a low supply of available rental apartments and reliable value preservation

Location

State NY

County Kings (brooklyn)

Area Homecrest

Zoning C1-3/R5

Rooms

Basement Finished,Full

Interior

Hot Water Oil

Heating Oil

Flooring Concrete,Hardwood,Tile,Other

Heat Source Oil

Exterior

Exterior Feature Brick

Amenities Available Bike Rooms,Laundry – Card Operated,Resident Superintendent,Secure Lobby,NONE

Roof Type Asphalt/Tar,Flat

Handicap Access No

Building

Story 4

Foundation Poured Concrete

Others

Energy Description Oil

Financing 1031 Exchange,Bank Mortgage,Cash

View More
Favorite Go Tour