Don't miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40x90 and the lot size is 40x100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.
479190
Multi-Family, 3+ Story
32
Kings
16 Full
1928
0.09
Acres
4
Brick
14,400
Sq. Ft.
128
Bathrooms
16
Total:16
Interior Features
- Appliances
- Refrigerator, Cooktop, Gas Water Heater
- Flooring
- Hardwood
- Heating
- Gas Heat, Steam. .
- Basement
- Full
Exterior / Lot Features
- Parking
- On Street.
- Exterior
- Brick
- Zoning
- R6
Financial Considerations
$62,674
Arrows indicate 90 day trend
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