Legal 3 family in decent condition.


Property

Website:https://www.nestseekers.com/5649220
Address:
154 Sumpter Street Apt: 3FAM
Brooklyn, NY 11233
Cross street:Park Avenue
Type:House
Era:Post-war
Floors:3
Ownership: Multi-Family
Rooms: 14
Bedrooms: 6 BR
Bathrooms: 3
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!

  • Legal 3 Fam
  • Low Taxes
  • Great Transportation

R6BLot: 18.75 X 100FAR: Built 2250sqft, Max 3750sqft

Amenities

  • Voice Intercom

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Douglas Elliman Real Estate

154 Sumpter Street Brooklyn NY 11233 USA