Brooklyn - Beach Property For Sale #5699999

Introducing one-of-a-kind Brick 20-Family in the most desired neighborhood, Bath Beach of Brooklyn, NY. This gem has a building size of 60 x 78 sitting on a 60 x 97 lot. Total 18, 720 living SF. This property features 20 apartments. Most of the units have been updated. 3 units with 3-bedroom with a Kitchen and living room and Dining room (6 rooms); 9 units with 2-bedrooms and a Kitchen and living room and Dining room (5 rooms); 8 units with 1-bedroom and a Kitchen and living room and Dining room (4 rooms). This investment generates a gross income of $290,820/yr, every year there are 10 leases for renewal to increase income. capital gain is more than 5%. This high-income real estate building combines consistent cash flow with future growth potential.
Other features include A super resides in the building while maintaining all apartments and keeping them in good condition. Nice and clean basement, update new roof, most mechanical equipment updated in the last 10 years. The building located on a beautiful tree-lined street, just a few minutes away from 86th St, restaurants, convenience stores, and supermarkets, Bank, shopping, Dyker Park and Dyker Golf Course; Bus stations, and the Belt Parkway express to the city.
This is a one-and-only opportunity for an investor looking for a constant income stream and seeing the value the building could bring. ALL BROKERS ARE WELCOME. Won't last!