Commercial Sale in Brooklyn, New York, Brooklyn, NY 11236 | Web ID: PH605344 | $11,500,000

 
Property Description

Perfect—here’s a clean, investor-focused description for that canarsie property: turn-key 24-unit investment property in canarsie, brooklyn an outstanding opportunity in the heart of canarsie, brooklyn—this well-maintained 24-unit brick building features all 2-bedroom, 2-bath apartments, ideal for steady rental demand. Tenants pay all utilities except water, with all-electric systems, eliminating the need for gas, boiler maintenance, or a compactor room. The building includes: legal super’s unit accessory office in the basement with half bath additional storage rooms no elevator = lower maintenance 421a tax abatement in place low operating expenses with a noi of $649, 000 and a net cap rate of 5. 6%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of brooklyn’s steadily growing neighborhoods.

Property Information
Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Commercial Sale
Tax $7,102.00
Bedrooms 50
Total Rooms 50
Total Baths 50
Full Baths 50
Year Built 2016
Basement Finished, Walk-Out Access
Construction Brick
Total Units 24
Lot Size 158.79 x 1
Lot SqFt 15,908
Cooling Electric, ENERGY STAR Qualified Equ
Heat Source Electric, ENERGY STA
Condition New Construction
Days On Market 859
Parking Features Private
Units 24
School District Brooklyn 18
Middle School Science & Medicine Middle Scho
Elementary School Ps 279 Herman Schreiber
High School Urban Action Academy
Listing information courtesy of: Blue Key Real Estate Brokerage
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