Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
Financials
Listing Courtesy of Keller Williams Landmark II
6 Family brick construction, 6 Apartments Rent Stabilized.
- View of property featuring cooling unit
- View of front facade featuring a gate and a fenced front yard
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- View of below grade area
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- Utility room featuring water heater
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- Kitchen with light wood-style flooring and stove
- Living room featuring carpet and ceiling fan
- Full bath featuring shower / bath combo, tile walls, backsplash, vanity, and light tile patterned floors
- Carpeted bedroom featuring a desk and a textured ceiling
- View of carpeted bedroom
- Bedroom with a textured ceiling, carpet flooring, and cooling unit
Description
6 Family brick construction, 6 Apartments Rent Stabilized. Each apartment consists of Eik, Livrm, 3 Bedrms and 1 Bathrm. Windows in each room. Gross Yearly income is $108.471.00. Net Opereting Income is $74,980.77 and Expenses $33,490.23. Clean building, good for investors. Rubber roof was renovated in January 2024, Gas pipes are replaced in April 2024 and a new Water Heater installed in February 2025. Fully Occuied. Leases: 1L $1,431.25 1/1/28, 1R $1,746.12/12/31/26, 2L $1,250 12/1/26, 2R $1,293.69 11/1/27, 3L $1,750 1/1/27, 3R $1,567.38 7/31/27. Cap Rate 6.82%. Building size: 27.42x68. Lot size: 27.42x100. Close to M train and shops, restaurants and park.
Neighborhood
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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.