Description

Large 12-family solid building in Sunset Park/Borough Park neighborhood. Lot size:40x100, Building Size:40x86. Current rental income: $208,272/year. Total expensive: $92,825/year. Net income: $115,447/year. Cap rate is over 5%. The overall conditional of the building is good. Seven 1-bedroom apartments and Five 2- bedrooms apartments. Suitable for both self-occupancy and investment. Close to the N subway station and just a few minutes away from 8th Avenue China Town.
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Building Features 3 Floors12 Units

intercom

$2,318,000

In Contract: Jan 03, 2025

86 Days to enter contract

- Beds / 12 Baths - / - ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes $3,480

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Estimated Monthly Payment: $12,337

Assumes 7% Mortgage Rate and 80% financing

Exclusively listed with: E House Realty & Mgt. Inc.

Zhi Xiang
Lin

fengdavid@yahoo.com

(646) 673-4133

Selyna D.
Eng

selynaeng@gmail.com

(718) 503-2019

Listing Courtesy of E House Realty & Mgt. Inc.

Unit listing history

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BESbswy