OFF MARKET BROOKYLN 1031 OPPORTUNITY
| Website: | https://www.nestseekers.com/2584319 |
|---|---|
| Address: | st johns brooklyn Brooklyn, NY 11217 |
| Cross street: | 7th Avenue |
| Type: | Townhouse |
| Era: | Pre-war |
| Floors: | 5 |
| Ownership: | Multi-Family |
|---|---|
| Pets: | Pets Allowed |
Financials
| Price: | $12,500,000 |
|---|
Description
First Building:
Year built: 1915
Walk up
Size: 18,000 each building
Renovated: varies,
Units amount: 54 Rent stabilized
Heating: Gas changed in the last couple of years.
Roof status: new
Occupancy: 100%
Unit prices: 800-1500
Area: parks, restaurants and museums.
Transportation: 2/3/4/5 Utica avenue 2 blocks away
Income: 45-50 per month
Expenses:
NOI: 360k-400k
Stabilized upside:1-2%
Location: Crown heights
Price of properties north of 10m
Second Building:
Year Built:
Size: 5,250
walkup
Units amount: 6 (3 free market, 3 stabilized)
Heating: Gas New separate boiler to every unit
Roof status: 2017
Occupancy: 100%
Unit prices:
1R 2500
1L 800
2R 2750
2L 2650
3R 1150
3L 1150
Income: $132,000 Per year
Expenses: $25,000 per year
NOI: $107,000
Area diversity:
Transportation: L train
Stabilized upside: recent increase to 1L
Location: Bushwick
Price: North of 2.5m
Amenities
- Voice Intercom
- Walk-up
Contact
 | Licensed Real Estate Salesperson Phone: +1716-238-5044 |
 | Director, Real Estate Salesperson Mobile: +1646-625-9011 |
505 Park Ave, New York, NY 10022 Phone: +1212-252-8772 |
