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.
Details:
Families:
16
Bedrooms:
32
Bathrooms:
16
Property Type:
Multi-Family
Rooms:
128
Built:
1928
Financials:
Price:
$3,295,000
RE/MAX Real Estate Professionals Billy Apter Lic. Real Estate Salesperson Office: 718-532-2000