Introducing a prime investment opportunity in the heart of sunset park - an impressive 8-family brick house spanning 4 stories over a full and finished basement. This property features a total of 8 units, with 2 units situated on each floor. The first floor and basement are thoughtfully configured as two duplex units, each boasting 2 bedrooms, 1 bathroom, a spacious living room, a well-equipped kitchen, and a dedicated dining area. Remarkably, the basement stands out with its high 8. 5-foot ceilings, providing an expansive and comfortable living space. Adding to the allure, the 4 units on the 3rd and 4th floors feature charming balconies, offering residents a private outdoor retreat. The roof is fenced for security and privacy, enhancing the overall appeal of the property. The building is equipped with 8 boilers, 8 water heaters, 8 gas meters, and 9 electric meters ensuring efficient and individualized control for each unit. Building size 25*60 over lot 25*100. Annual property tax of $14, 465. Total annual income is $210, 912 and total expenses are $26, 500. Net income $184, 412. This property is positioned near 8th avenue chinatown, providing easy access to shops, restaurants, banks, and more amenities. Public transport nearby (d, r, n train and b35, b70 buses) don't miss the opportunity to acquire this well-maintained and income-generating asset in the vibrant sunset park neighborhood.
Location/Town | New York |
Area/County | Brooklyn |
Post Office/Postal City | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $14,465.00 |
Bedrooms | 16 |
Total Rooms | 34 |
Total Baths | 8 |
Full Baths | 8 |
Year Built | 2009 |
Basement | Finished, Full |
Construction | Brick |
Total Units | 8 |
Lot Size | 25x100.17 |
Lot SqFt | 2,504 |
Cooling | Wall/Window Unit(s) |
Heat Source | Natural Gas, Hot Wat |
Condition | New Construction |
Days On Market | 399 |
Parking Features | Off Street |
Tax Lot | 26 |
Units | 8 |
School District | Brooklyn 15 |
Middle School | Is 136 Charles O Dewey |
Elementary School | Ps 24 |
High School | West Brooklyn Community High S |
Listing information courtesy of: RE/MAX Edge |