$2,200,000
$2,318,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
12 Baths
SOLD DATE : 05/14/2025
Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 486660
Sold Date 05/14/25
Full Baths 12
Annual Tax Amount $41,767
Property Sub-Type Multi-Family
Property Description
Large 12-family solid building in Sunset Park/Borough Park neighborhood. Lot size:40x100, Building Size:40x86. Current rental income: $208,272/year. Total expensive: $92,825/year. Net income: $115,447/year. Cap rate is over 5%. The overall conditional of the building is good. Seven 1-bedroom apartments and Five 2- bedrooms apartments. Suitable for both self-occupancy and investment. Close to the N subway station and just a few minutes away from 8th Avenue China Town.
Location
State NY
County Kings (brooklyn)
Area Boro-Park
Zoning R5B
Rooms
Basement Full
Interior
Hot Water Gas
Heating Gas
Flooring Other
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available Storage rooms
Roof Type Flat
Handicap Access Unknown
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with E House Realty & Mgt. Inc.
GET MORE INFORMATION
Broker