New York, NY 11238

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.04 Acres

Financials

Price:$2,249,000
Annual Taxes:$9,878.96
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Renken Realty LLC

Description

In this SRO, Single Room Occupancy, All units have kitchens and bathrooms. All units are approximately 380 - 450 sq ft each. This building contains all the architectural details of the era, to include 7 decorative fireplaces and exposed brick. The Monthly rent roll in excess of $18K. All rents are registered and up to date with DHCR. Purchaser options: Live in owner with rental income. One unit is guaranteed delivered vacant, Seller is willing to work with new owner to negotiate freeing up additional units, if necessary. Monthly Building exterminating services. Building has been fully renovated, no need for short term capital improvements. The Building heating plant has approved sprinkler system, upgraded boiler, and hot water heater. All Fire and HPD Building regulations are in compliance. All Brokers familiar with this type of commercial deal are welcome. Co-Broke Fee: 2%

Amenities

  • Electricity Connected
  • Electric Oven
  • ENERGY STAR Qualified Appliances
  • Fire Sprinkler System
  • Natural Gas Connected
  • Refrigerator
  • Skyline
  • Storm Window(s)
  • Video Cameras
  • Walk Up

In this SRO, Single Room Occupancy, All units have kitchens and bathrooms.


    Long Island MLS

    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.