Why buy a 4 family when you can get a destabilized 6 family for the same or even less ?
New York, NY 11207
Listing
| Web ID: | 5635149 |
|---|---|
| Website: | https://www.nestseekers.com/5635149 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,999,999
Annual Taxes:$19,113
Description
Why buy a 4 family when you can get a destabilized 6 family for the same or even less?
6 Apartments. ALL MARKET RENTS! NOT rent stabilized! NOT rent regulated! BONUS: Tenants pay their own utilities including heat, gas and electricity...low operating expenses!
Priced to sell! This rare find is a great investment opportunity! Totally Renovated in 2007 this 6 family building has 5 three bedroom apartments and 1 two bedroom; Laundry with coin operated machines; plenty of basement area for storage and rentable space ...multiple opportunities to increase income!
This is a rare opportunity for up and coming Central East New York. This property offers strong current cash flow with significant long-term appreciation potential.
Rent-roll and income & expense spreadsheets available. DHCR destabilization documents available for investors and prequalified owner occupied buyer.
Whether you’re an experienced investor looking to maximize returns or a qualified owner-occupant seeking a larger income-producing property, this is an exceptional opportunity.
Amenities
- Electricity Connected
- Natural Gas Connected
Contact
Listing Courtesy of JBarnes & Associates Inc

