Legal 3 family in decent condition.

154 Sumpter Street Apt: 3FAM

Brooklyn, NY 11233

Listing

Web ID:	5649220
Website:	https://www.nestseekers.com/5649220
Cross street:	Park Avenue
Building:	154 Sumpter Street Brooklyn
Type:	House
Era:	Post-war
Floors:	3

Property

Ownership:	Multi-Family
Rooms:	14
Bedrooms:	6 BR
Bathrooms:	4
Pets:	No Pets Allowed

Financials

Price:$1,325,000

Maintenance:$1

Real estate tax:$277

Description

Legal 3 family in decent condition. Approximately 1500sqft additional FAR to build upon in an increasingly developing area of the Stuyvesant Heights of Brooklyn. Located between Bushwick and Bed-Stuy, this area is seeing strong rental opportunity. Currently two of the three, two-bedroom one bath apartments are occupied and paying less than $2500/mo. With a small investment, an investor could reach $108,0000 annual rent roll. Taxes are low currently $3325/yr and utilities are also on the low side. Transportation and the increasing amount of amenities in the neighborhood are what make this investment shine. The reliable C train is less than two blocks away and the J,Z just six short blocks. Get in while the getting is great!