New York, NY 11221

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.06 Acres

Financials

Price:$2,200,000
Annual Taxes:$18,472
Listing Courtesy of Exit Realty First Choice

Located in the heart of Stuyvesant Heights, this classic six family building offers strong cash flow and value add potential.

Description

Located in the heart of Stuyvesant Heights, this classic six-family building offers strong cash flow and value-add potential. Built in 1930, it features: - 6 x 2-Bedroom Apartments - Fire Escape, Rooftop Access, Basement Storage - 6 Electric & 6 Gas Meters - Zoned R6B - Close to Parks, Schools, Transit & Retail - Lot: 27.5' x 100' | Lot Area: 2,749 SF - Building: 27.5' x 81' | Total: ~5,661 SF Rent Roll 1F: $2,300/mo | $27,600/yr 1R: $2,550/mo | $30,600/yr 2F: $2,640/mo | $31,680/yr 2R: $653/mo | $7,836/yr 3F: $1,800/mo | $21,600/yr 3R: $2,400/mo | $28,800/yr Annual Expenses Real Estate Taxes: $18,472 Insurance: $4,000 Water & Sewer: $5,000 Heating: $6,000 Electric: $1,100 Repairs & Maintenance: $2,600 Total: ~$37,172

Amenities

  • Back Yard
  • Cable - Available
  • Cooktop
  • Curbs
  • Electricity Available
  • Electricity Connected
  • Fire Alarm
  • Fire Escape
  • Fire Sprinkler System
  • Fitness Center
  • Garden
  • Gas Oven
  • Natural Gas Available
  • Natural Gas Connected
  • Other
  • Park
  • Playground
  • Sidewalks
  • Smoke Detectors
  • Window Bars

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.