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 ...


Property

Website: https://www.nestseekers.com/5329996
Address:
New York, NY 11208
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$988,000
Annual Taxes:$9,177

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

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of NY Superior Realty