New York, NY 11229

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 8
Pets: Pets No

Financials

Price:$2,288,000
Annual Taxes:$38,987.12
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Hanmi Realty

Description

Built in 1985 in the homecrest neighborhood. Four family income producing King's brick town house with a total of around 5,250 square feet. Each floor is around 1,312 sq ft with three bedrooms, one and a half bathrooms (without a shower) and their own washer and dryer. One year leases with separate meters and utilities except water. Basement rented for $2,600 per month + utilities. 1st floor rented for $2,900 per month + utilities. Second floor rented for $3,050 per month + utilities. Third floor owner's unit to be delivered vacant upon closing. Yearly property taxes of $38,988. Current gross yearly rental income: $102,600 Current net yearly income: $55k Proforma with full occupancy market rents: potential yearly gross income $148,800 potential yearly net income: $98,800 @ 4.3% cap

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Built in 1985 in the homecrest neighborhood.


    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.