487 East 93rd Street, BROOKLYN, NY 11212

1 Photo
 
$1,250,000
Active for Sale
 
Listing ID 11170037
Property Type Commercial Building
County Kings
Neighborhood Brownsville
FEMA Flood Map fema.gov/portal
   
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INCREDIBLE INVESTMENT OPPORTUNITY!!!!MULTIFAMILY FOR SALE IN PRIME BROWNSVILLE!!!!DESCRIPTIONBROWNSVILLE ~ 5 UNIT MULTI-FAMILY ~FREE MARKET~FULLY OCCUPIED ~ BRICK WALL FACADE~DRIVEWAY~GARAGE~RENOVATED ~7% CAP RATE ~NOI ~GREAT INVESTMENT OPPORTUNITY? Every apartment in building has been fully renovated? Brand new boiler and plumbing throughout building? 7% capitalization rate at asking priceIncome:Residential $ 126,012Effective Gross Income:$ 126,012Expenses:Real Estate Taxes$ 9,457Water & Sewer~$ 3,600Insurance~$ 2,600Fuel~$ 4,200Electric~$ 750Total Expenses:~$ 20,607NOI: $ 105,405RENT ROLL: PER MONTH UNIT 1F~$2040~ 2 BEDS/1 BATH UNIT 1R~ $1850~ 2 BEDS UNIT 2F~$2805~ 3 BEDSUNIT 2R~$1850~2 BEDSBASEMENT~ $1956~ 3 BEDS$10,501 monthly $126,012.00 annuallyJUST REDUCED!!!!
Property Details
  • 5 Full Baths
Listed By
New York Living Solutions - Keller Williams New York City
Office: 212-227-0021
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