$1,350,000 ($613.64 per sqft)

Est. Mortgage $6,826/mo *

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Listing courtesy of Brooklyn Real Property Inc Phone: (718) 875-8899

2877 W 20TH Street, Brooklyn, (Coney Island), NY, 11224

2877 W 20TH Street, Brooklyn, (Coney Island), NY, 11224
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18 rooms

2 beds

8 Full baths

1901

2,200 sqft

Coney Island Brick 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. stabilized 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 Monthly income $ 11,461.00 Yearly $ 137,532.00 Income Gross Expense $ 28,568.00 CURRENT CAP RATE 7% huge backyard with additional room to build guest room! New roof, Sprinkler system, Gas Boiler (Recently Converted to gas from Oil) Stairways & many apartments are modernize & updated! 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! BRP Exclusive! Just unpack & collect rent! Actual Financials: current DHCR Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few minutes away -Near train, shopping off Neptune Avenue as well as the beach! Very well-maintained building with no violation! DHCR available - all tenant are CURRENT & pays on time

Status:

Active

Town:

Brooklyn

Type:

Townhouse

Laundry Remarks:

In Unit

Units:

8

Basement:

Other

Levels:

2

Lot Size:

117.00x20.00

Est. Taxes:

$9,192

View Description:

Other

Pet Policy:

Building Yes, No

MLS #:

RLS10984143

Community Info

School Info

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