Description

Nestled in the heart of Greenwood Heights, this well-maintained eight family brick building offers a rare opportunity for investors seeking a solid income-generating property. Rich in original details, the building features classic two-bedroom railroad-style apartments. Spanning 25 feet x 65 feet on a generous 25 x 100 foot lot, the property boasts a strong annual rent roll of $146,040, including two free-market apartments.
Upgrades ensuring long-term value and efficiency include roof, electric, boiler, windows and granite exterior steps.
Located in a highly desirable neighborhood, this property benefits from easy access to transportation, local parks, trendy dining spots and all that Brooklyn has to offer.
An excellent investment with significant upside potential, this building is a standout in the thriving Greenwood Heights market.
View More

Building Features 4 Floors8 Units

intercom

$1,900,000

$389,000  -  370 days ago

Listed on Jun 15, 2022

993 Days on Market

- Beds / 8 Baths - / - ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes $1,468

Edit

Estimated Monthly Payment: $10,112

Assumes 7% Mortgage Rate and 80% financing

Exclusively listed with: Pecoraro Realty of NYC, LLC Source: Brooklyn MLS

Kathy Samaris

kspecorarorealty@gmail.com

(917) 417-6114

Listing Courtesy of Pecoraro Realty of NYC, LLC

Unit listing history

Date Status Amount Listed by
Loading History...
BESbswy