Introducing This Money Maker Building With Cap Rate of 7, Year Built 2018, This is Fully Detached Brick and Stucco New Construction Building Comprising of 7 Free Market Rental Units ...


Property

Website:https://www.nestseekers.com/3378378
Address:
32 Fountain Avenue
Cypress Hills, NY 11208
Cross street:Atlantic
Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 5000 sq ft

Financials

Price: $2,050,000
Annual Taxes: $46,470

Mortgage Calculator

Description

Introducing This Money Maker Building With Cap Rate of 7%, Year Built 2018, This is Fully Detached Brick and Stucco New Construction Building Comprising of 7 Free Market Rental Units With 5 Parking Spots! The Building is Fully Tenants Occupied, and is Approximately 6,713 Square Feet. The Apartment Room Counts Are as Follows: One 3 Bedroom Unit. Three 2 Bedroom Units. Three 1 Bedroom Units. All of the Apartments Are Fully Renovated With Modern Appliances and Finishes, Including Their Own Fujitsu Split Hvac System, Hardwood Floors, Dishwashers, Granite Counter Tops, Oven, Bathtubs, Walk-in Closets, Double Pane Windows, Intercoms, and Much More. Building is Conveniently Located Near the a and J Trains, Buses, the Highland Park Community Garden, Banks, Grocery Stores, Deli's Bars, Movie Theaters, Pharmacies, Restaurants, and Other Desirable Services. Full Rent Roll Breakdowns and Expenses Will Be Provided for Interested Parties. Can't Miss the Opportunity to Own a Building WHICH IS NOT RENT STABILIZATION!!! A Must See

Contact

578 Driggs Avenue Brooklyn, NY 11211
Courtesy of Lin Pan Realty Group LLC