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.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $3,295,000 -2.95% | $229 | REMAX REAL ESTATE PROFESSIONALS | |
Listed For Sale | $3,395,000 | $236 | REMAX REAL ESTATE PROFESSIONALS |
Elementary School Ps 169 Sunset Park | 0.3 miles away | KG - 05 | |
Elementary School Ps 160 William T Sampson | 0.5 miles away | PK - 05 | |
Elementary School Ps 24 | 0.7 miles away | PK - 05 |