Brooklyn, NY 11212,622 Chester Street
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$2,200,000
Est. payment /mo
6 Beds
8 Baths
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Key Details

Property Type Single Family Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10952809

Style 900

Bedrooms 6

Full Baths 8

Year Built 1930

Property Description

REAL STREET has been hired to exclusively represent this mixed useincome producing multi family in a up and coming Brownsville inBrooklyn, NY.The subject property is located on a busy corner with approx. 100' ofexposure and is fully leased out. The building is entirely FREE Marketand consists of 3 stores and 4 apartments.The entire building has been updated with new mechanicals and isseparately metered.Plenty of upside in this property with the ability to increase the rentson both the stores (#2&3 are under market) as well as increasing rentswith some of the apartments.Gross Rental Income: $172,044.00Annual Expenses: $13,600.00NOI: $158,444.00CURRENT RENTS:Store #1 (Papas Chicken): $4,500.00/monthStore #2 (Papas Chicken): $1,500.00/monthStore #3 (Places Bar & Grill): $1,500.00/monthApt #1: (2 bedrooms) $1,534.00/monthApt #2: (1 bedroom) $1,690.00/monthApt #3: (3 bedrooms) $2,400.00/monthApt #4: (studio apt) $1,213.00/month

Location

State NY

County 36047

Rooms

Dining Room 0

Kitchen 0


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Listed by Real Street Inc.

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agent

Karin Lanciano

+1(917) 426-8415

Agent | License ID: 10401317111

Agent License ID: 10401317111

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