Sunset Park Real Estate

717 58th Street, Sunset Park, NY 11220

[Sunset Park Real Estate, listing number 7097642]



Description: 7097642
   Rare-Find Excellent Investment Opportunity for this 16-Family with 10 Vacant Apartments is located in the center of Prime Sunset Park Neighborhood. Potentially about $300,000 annual gross income and about $200,000 in net operating income with 6.5% CAP rate. Building size 40x86` with approx. 11,360 square feet living space is sitting on 40x100.17 lot. Numerous improvements and upgrades have been done for the past couple months. The 16 apartments are consisting of 3 two-bedroom and 13 oversized one-bedroom apartments that can be easily converted into 2 bedrooms OVER full basement with separate entrance. Won`t Last!

Details:
   Families: 16
   Bedrooms: 19
   Bathrooms: 17
   Property Type: Multi-Family
   Rooms: 51
   Built: 1928

Financials:
   Price: $2,988,000

 

RE/MAX Edge
Jason Zhou
Office: (718)612-3088

email: jasonzhourealty@gmail.com
provided by Brooklyn Bd of Realtors