Remarks

Prime Sunset Park mixed use 3 stories building with 1 commercial store and 2 residential apartments, hot water and heat is separate, the 1st floor store currently rent is $4,050 with 1.5 years lease left, 2nd and 3rd floor apartments with 3 bedrooms each and will be vacant when closing, each apartment is expected to rent $2,600, 1,100 sq ft basement as a storage room can be rent $1,200 or up, total income is looking to $10,450/m, annual gross income $125,400, Rate cap 5.5%. A motivated seller is ready to hear all offers.

Details

MLS#: 478661
Price: $2,350,000

Style: Mixed Use
Sq Ft: 3300
Year Built: 1931

County: Kings (Brooklyn)
Tax Fee: 8665.00