New York, NY 11208

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$988,000
Annual Taxes:$9,177
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of NY Superior Realty

Excellent opportunity for investors seeking a long term stabilized asset to acquire a 6 family brick walk up building in Brooklyn conveniently located 2 blocks from the J and Z ...

Description

Excellent opportunity for investors seeking a long-term stabilized asset to acquire a 6 family brick walk-up building in Brooklyn conveniently located 2 blocks from the J and Z subway line, B13 and Q24 bus lines and surrounded by neighborhood businesses, shops, and restaurants. The property consists of 6 rent-stabilized 2-bedroom railroad-style apartments, with 4 units currently vacant, offering significant value-add potential for investors. The property also features a full basement with large open space and boiler room, as well as a rear backyard area. 1R - Vacant; 1L - $1,000; 2R - Vacant; 2L - Vacant; 3R - $875 and 3L - Vacant. Total expense of $23,277. Must be sold to CASH buyers.

Amenities

  • Back Yard
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available

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.