Coney Island Brick 8 family Fully renovated 8 Units / 2 one

swipe instructions
Tap to see more photos

Lot For Sale

2877 West 20 Street

Brooklyn, New York 11224

Kings County

Community: 

map
$1,350,000 0.000 acres

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

  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $0
  • MLS #: 11284331
Get More Info
static map
Contact Information:
phone Call now 1-855-943-4259
Beach Lot For Sale in Brooklyn, New York
Listing Agent: Jean Paul Ho, Brooklyn Real Property, Inc., 718-875-8899, 718-875-8899 Listing Site, Listing Status: Active
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5001914
Viewed 41 times.
Updated: Jul 12, 2024

This property is a Lot located at 2877 West 20 Street, Brooklyn, New York 11224, and is currently For Sale at $1,350,000.

chat live with customer support now