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$ 3,900,000
Est. payment | /mo
28 Beds
19 Baths
18,720 SqFt
$ 3,900,000
Est. payment | /mo
28 Beds
19 Baths
18,720 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
Listed by A P Services Inc