2877 West 20th Street, Brooklyn, New York, 11224

2877 West 20th Street Apt: TOWNHOUSE
Brooklyn NY 11224

Cross street:Neptune Avenue

Building

Type:Low-rise
Era:Post-war
Floors:3

Property

Ownership: Income Property
Rooms: 18
Bedrooms: 2 BR
Bathrooms: 8

Financials

Price: $1,299,000
578 Driggs Avenue Brooklyn, NY 11211
Courtesy of Brooklyn Real Property Inc

Description

Coney Island Brick legal 8 fam Fully renovated 8 Units / 2 one bedrooms / 6 studios. ALL Free market units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. Yearly income $ 116,964 NOI $98,854 There is plenty of upsides in rental increases. Huge backyard! New roof, Sprinkler system, Stairways & many other updates! On 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! Just unpack & collect rent! Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few blocks away -Near train , shopping off Neptune Avenue! Steps to beach! Owner VERY Motivated!

Amenities

Sprinkler System;

  • Private Garden
  • Voice Intercom
  • Walk-up

Neighborhood

More listings:

Coney Island Brick legal 8 fam Fully renovated 8 Units 2 one bedrooms 6 studios.

Description

Coney Island Brick legal 8 fam Fully renovated 8 Units / 2 one bedrooms / 6 studios. ALL Free market units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. Yearly income $ 116,964 NOI $98,854 There is plenty of upsides in rental increases. Huge backyard! New roof, Sprinkler system, Stairways & many other updates! On 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! Just unpack & collect rent! Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few blocks away -Near train , shopping off Neptune Avenue! Steps to beach! Owner VERY Motivated!

Amenities

Sprinkler System;

  • Private Garden
  • Voice Intercom
  • Walk-up

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.