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$1,199,000
Est. payment /mo
2 Beds
8 Baths
UPDATED:
Key Details
Property Type Multi Unit
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10920559
Style Low-rise
Bedrooms 2
Full Baths 8
Annual Tax Amount $8,700
Property Description
Coney Island Brick legal 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. ALL Free market units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. There is plenty of upsides in rental increases. CURRENT GOI = $116,964 CURRENT NOI = $98854 CURRENT CAP RATE 7% huge backyard! New roof, Sprinkler system, Stairways & many other updates! On 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! Just unpack & collect rent! Actual Financials: .Fully occupy with projected 8% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few blocks away -Near train , shopping off Neptune Avenue! Steps to beach!
Location
State NY
County 36047
Rooms
Basement Full
Dining Room 0
Kitchen 300
Building
Story 3
Water Municipal
Structure Type Masonry Brick
Others
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Listed by BROOKLYN REAL PROPERTY INC
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