$1,700,000 Price Analysis    ♡   Brownville, NY 11233 11 bed 4 bath 3,520 SqFt ($482/SqFt) 2,650SqFt lot. Built 1930 Listed 2024-03-12 | Ⓧ USDA Ineligible due to price & location near Brownville |
The subject property is a Two Stories
4 Family Building with (3) Large 3 Bedroom Apartments and (1) Two Bedroom Apartment, Spread over 3, 520 interioer Square Feet. All 4 Apartments Have been Fully Gut Renovated With Brand new Kitchen, New Bath, New Plumbing and New Electric, in Excellent Condition. The Basement has a Separate Entrance From The Front of the Building an Can Be Rented For Storage To a Plumber or Carpenter, Or Office Work, Basement is 1, 760 Sqft.
All Apartments Are Rented. It Has a Large Building Size 22 X 80 Ft. The Tenants Pay For All Their Utilities, Including Heat, Cooking Gas, And Electric, This Building Provides high Income with Very Low Expenses, Excellent Investment Asset. Close to Public Transportation, Many Stores and Houses of Wohrship and Schools Income is as Follows: Apt 1F $2, 555 Apt 1R $3, 214 Apt 2R $3, 214 Apt 2F $3, 214 Basement $1, 500 Annual Gross Income 164, 164 Water $3000 Insurance $3, 500 Electrc $500 Tax $9, 484 Annual Net Income $147, 880 Cap Rate 11.49%
Presented by Rita Mahgerefteh at
Winzone Realty Inc.
Property MLS #3537142 from OneKeyMLS
Basement Features: Finished, Full, Walk-Out Access
Basement Description: Finished, Full, Walk-Out Access
Full Bathrooms: 4
Heating Features: Natural Gas, Steam
Lot Size Acres: 0.0608356
Lot Size Square Feet: 2650
Calculated Total Monthly Association Fees: 0
High School: Brownsville Academy High School
High School District: Brooklyn 17
Middle School: New Heights Middle School
Middle or Junior School District: Brooklyn 17
Map directions Map directions Map directions Map directionsNumber of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 3
Source Listing Status: Active
County: Brooklyn
Cross Street: Linden Blvd
Directions: Linden Blvd to Bristol St
List Price Low: 1700000
Source Property Type: Residential Income
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Owner Pays: Insurance
Township: Brooklyn
Property Subtype: Multi Family
Source System Name: C2C
$1,700,000
OneKeyMLS
Year Built: 1930
Common Walls: No Common Walls
Construction Materials: Brick
Property Age: 94
Property Condition: Excellent
Year Built Effective: 2023
Architectural Style: Contemporary
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.