7.31% CAP RATE !! **5 family alert** Rare opportunity toown a 5 unit building. All units are free market.Each apartment has two bedrooms, a living room, a diningarea, kitchen and a bright bathroom. Gas and electric areseparately metered. First floor apartment is the biggest, with 4bedrooms and access to the backyard and garden. The Entireproperty has been well maintained through the years. Thisproperty has extremely low taxes of a less than $7,000 a year!Located just Two blocks from B25 and B7 buses and the A,C trainat Ralph Ave station. J,Z trains available at the Chauncey Station.Two of the apartments are occupied and Three will be deliveredvacant. This property has huge potential with a gross of $197,760and an NOI of $170,354.68 Annually. It is also possibleto put laundry in the building basement for extra income.
Listing By
Agency Name: Compass Greater NY LLC
Agency Contact: 347-630-6498
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
180 Sumpter Street | MLS# 974571
This commercial property located at 180 Sumpter Street , Brooklyn, NY 11233 is currently listed for sale with an asking price of $2,330,000. Search Brooklyn real estate on www.coldwellbankerchoice.com today.