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Brooklyn NY, 11237 $475,000

Multi Family Commercial 8 Beds , 6 Full Bath , 4800 SqFt 

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Details ML#: 3582200  

  • Style: Other
  • # of Families: 6
  • Sale or Rent:Sale
  • Year Built: 1931
  • Taxes: $14,810
  • Status:Active

Description

DEAL OF THE CENTURY, CASH DEAL OR HARD MONEY ONLY! Solid six (6)-family rent stabilized building in prime Bushwick area, a lot of potential, building 20x80, lot 20x90, totaling 4, 800 sqft interior space. It consists of four 1 bedroom apartments and two 2 bedroom apartments. 7 electric meters and 7 gas meters, new boiler and hot water tank. Annual gross income is approximately 53, 000, expense 27, 000, and net income 26, 000. Sold as is with all paying tenants, fully occupied. Annual property tax is 14, 810. Priced to sell. Excellent location, close to all! Buyers are responsible for all violations and are advised to do their own due diligence. SOLD AS IS.

More Property Details

Room Information

Bedroom: 8   Full Bath: 6   Other: 1  

Property Features

Lot Sq Ft: 1800   Approx. Int. Sq. Ft.: 4800.00   Parking Facilities: None  

Appliances & Utilities

Heat: See Remarks, Other   Sewer: Other  

Financial

Taxes: $14,810  

Local Area Information

School District#: 32   School District: Community District 32   Block: 3200   Lot: 32  

Listing Information provided courtesy of RE/MAX Edge  718-288-3835
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