![[Sunset Park Real Estate, listing number 3351685]](https://www.vlshomes.com/images/full/3351685a.jpg)
![[PHOTO]](https://www.vlshomes.com/images/full/3351685b.jpg)
![[PHOTO]](https://www.vlshomes.com/images/full/3351685c.jpg)
![[PHOTO]](https://www.vlshomes.com/images/full/3351685d.jpg)
![[PHOTO]](https://www.vlshomes.com/images/full/3351685e.jpg)
| Description: 3351685 | |
| Exceptional investment and owner-occupant opportunity in prime Sunset Park! This oversized 8-family brick building offers approximately 7,064 sqft of living space and features 8 three-bedroom apartments, including 2 currently vacant units that have recently been gut-renovated. Measuring approximately 25Ã?75 feet on a 25Ã?100-foot lot, the property offers 4 stories over a basement with a separate front entrance. Bright interiors, newly renovated living spaces in the vacant units, and a classic brick façade add to its appeal. Approximate annual income is $165,000, with potential to increase to $178,000, and current annual net operating income is approximately $94,000, offering an approximately 6% cap rate. With existing rental income, growth potential, and flexibility for an owner-occupant, this property is an opportunity you wonâ??t want to miss. Won`t Last! | |
Details: |
||
| Families: | 8 | |
| Bedrooms: | 24 | |
| Bathrooms: | 8 | |
| Property Type: | Multi-Family | |
| Rooms: | 40 | |
| Built: | 1935 | |
Financials: |
||
| Price: | $1,499,000 | |
Designed, Developed, Hosted
The Information contained in this Web Site is believed to be accurate but is not guaranteed. This Information is to be used for a reference and any questions that you may have should be directed to the appropriate Real Estate Agent. If you are interested in any of the properties contained within this web site, please contact the appropriate Real Estate Agent. Visual Listing Systems cannot be held responsible for any Errors or Omissions that may occur upon the Publishing of this Information. Visual Listing Systems is not acting as a Real Estate Broker and is only a Publisher of the Material contained within this Web Site. Powered by VLSHomes.com
Terms
Privacy
