Sunset Park Real Estate

754 40th Street, Sunset Park, NY 11232

[Sunset Park Real Estate, listing number 7080979]

Description: 7080979
   Introducing an impressive 8-family brick house in the heart of Sunset Park, spanning 4 stories over a full and finished basement. This property features a total of 8 units, with 2 units situated on each floor. There is the possibility to convert the units into condos. The first floor and basement are thoughtfully configured as two duplex units, each boasting 2 bedrooms, 1 bathroom, a spacious living room, a well-equipped kitchen, and a dedicated dining area. Remarkably, the basement stands out with its high 8.5-foot ceilings, providing an expansive and comfortable living space. Adding to the allure, the 4 units on the 3rd and 4th floors feature charming balconies, offering residents a private outdoor retreat. The roof is fenced for security and privacy, enhancing the overall appeal of the property. The building is equipped with 8 boilers, 8 water heaters, 8 gas meters, and 9 electric meters ensuring efficient and individualized control for each unit. Building size 25*60 over Lot 25*100. Annual property tax of $14,465. Total annual income is $210,912 and total expenses are $26,500. Net income $184,412. This property is positioned near 8th avenue Chinatown, providing easy access to shops, restaurants, banks, and more amenities. Public transport nearby (D, R, N Train and B35, B70 Buses) Don`t miss the opportunity to acquire this well-maintained and income-generating asset in the vibrant Sunset Park neighborhood.

   Families: 8
   Bedrooms: 16
   Bathrooms: 8
   Property Type: Multi-Family
   Built: 2009

   Price: $2,999,000


Kelly Wu
Office: (718)612-3088

provided by Brooklyn Bd of Realtors

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