Charming 3 Family in Crown Heights, Brooklyn

Makoto Ki
Licensed Associate Real Estate Broker
Phone: 212.252.8772X4683
Mobile: 917.749.8651
587 Fifth Avenue New York, NY 10017
Phone: 212-252-8772
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Location

1522 Lincoln Pl
Brooklyn NY 11213
Cross street:Rochester Avenue & Buffalo Avenue

Property

Ownership: Three Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 3
Pets: Case by Case
Area: 2460 sq ft

Financials

Price: $1,199,000
Annual Taxes: $6,301

Description

This fully occupied three story, three family is a great investment opportunity with a gratifying cap rate of 5% It is conveniently located two blocks from 3,4,5 trains at Utica Avenue in Crown Heights. The building consists of one 2 bedroom duplex / 1 bathroom with a private yard, and two 2 bedrooms / 1 bathroom with two private balconies.

Total annual income : $72,600

Total annual expenses: $8,863

Net operating income: $63,736

Amenities

  • Balcony

Neighborhood

More listings: Crown Heights

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.