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Key Details
Sold Price $840,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3442827
Sold Date 11/30/23
Style Duplex
Bedrooms 5
Full Baths 4
Originating Board onekey
Rental Info No
Year Built 1920
Annual Tax Amount $4,413
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 20 by 91
Property Description
Price reduced to $865,000 Legal 2 family, Great Investment property , estimated 6.5% to7.5 % Cap Rate . Tenants pay their own utilities owner only pays water and taxes and insurance Low taxes Estimated rental income $5500-$6000 a month . Located in Heart of one of Brooklyn rapidly developing neighborhoods Cypress Hills/City Line just a stone's throw away from Pitkin and Fulton avenue which houses major subway lines J,Z,A,C. Currently configured as 2 and 3 bedroom units plus a full finished basement with separate front entrance. Luxuriously renovated units that feature an expansive living area flooded with natural lighting from skylights, beautiful chefs granite kitchen equipped with stainless steel appliances, hardwood flooring throughout, recessed lighting, designer tiled bathrooms, spacious bedrooms with ample closet space. High ceiling full finished basement has also been renovated. Located near major transportation, schools, and shopping centers. With all the development going on in the neighborhood this is definitely an investment you'd want to make. Will Not Last!
Location
State NY
County Brooklyn
Rooms
Basement Finished
Kitchen 2
Interior
Heating Natural Gas, Hot Water
Cooling Wall Unit(s)
Fireplace No
Exterior
Garage None
Garage false
Building
Lot Description Near Public Transit
Sewer Sewer
Water Public
Level or Stories Two
Structure Type Other
New Construction No
Schools
Elementary Schools Ps 214 Michael Friedsam
Middle Schools Jhs 218 James P Sinnott
High Schools Transit Tech Career And Tech Edu
School District Brooklyn 19
Others
Senior Community No
Special Listing Condition None
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Bought with Success King Realty