1852 64 Street
$ 1,699,999
1852 64 Street Brooklyn New York 11204
- Status: Pending
- Floors: 2
- Bedrooms: 7
- Area: 3116 sq ft
- Bathrooms: 5
- Lot size: 2500 sq ft
- Type: Multi-Family
- MLS #: 440411
- List Agent Full Name: Louis M. Guida
- List Agent Direct Work Phone: (718) 238-6080
Description
Attention Investors: This is a 4 Family, Brick Construction Property that is fully occupied at the moment with tenants. The building consists of 4 Apartments with (3) 2 Bedrooms and (1) 1 Bedroom.
The dimensions are the following: Lot Sq. Ft. 2,500 (25 x 100) & Building 3,116 Sq. Ft. (21 x 76)
Current Gross Income is currently $64,200. Current Total Annual Expenses equal $14,697. Current Net Income is $49,503.
Projected Gross Income could be $82,800, if the rent prices were to be adjusted to current market prices (e.g. 2 Bedroom = $1,800 & 1 Bedroom = $1,500)
Projected Net Income, after expenses ($14,697), would sum up to $68,103 Annually. Cap Rate of 3.6%.
Seller is motivated, open and willing to hear all offers!
Features
Amenities:
- NONE