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Listing Courtesy of Brooklyn Real Property Inc
$1,350,000
Est. payment /mo
2 Beds
8 Baths
2,200 SqFt
UPDATED:
10/31/2024 11:42 PM
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $613
Subdivision Coney Island
MLS Listing ID RPLU-716123037445
Bedrooms 2
HOA Y/N No
Year Built 1901
Annual Tax Amount $9,192
Property Description
Coney Island Brick 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. stabilized units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. There is plenty of upsides in rental increases. Current Monthly income $ 11,461.00 Yearly $ 137,532.00 Income Gross Expense $ 28,568.00 CURRENT CAP RATE 7% huge backyard with additional room to build guest room! New roof, Sprinkler system, Gas Boiler (Recently Converted to gas from Oil) Stairways & many apartments are modernize & updated! 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! BRP Exclusive! Just unpack & collect rent! Actual Financials: current DHCR Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few minutes away -Near train, shopping off Neptune Avenue as well as the beach! Very well-maintained building with no violation! DHCR available - all tenant are CURRENT & pays on time
Location
State NY
County Kings
Rooms
Basement Other
Interior
Fireplace No
Laundry In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 2
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $766
Special Listing Condition Standard
Pets Allowed Building Yes, No
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RLS Data display by Spire Group Inc.
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Sophia (Zhengping Qi) Lin
Licensed Real Estate Salesperson | License ID: 10401253607
Licensed Real Estate Salesperson License ID: 10401253607