$13,800,000 64 BD 32 BA 14,022 SF

Property Description

Five Stories mixed-use elevator building located in prim Sunset Park, Brooklyn. The building consists 32 residential units, all are 2 bedrooms apartment. Six community offices and 18 parking spaces. The total building size is 45,000 sqf and zoning is R6B. This is truly a turn-key trophy investment. Great opportunity for 1031 exchange. The seller can assign $6,750,000 mortgage to the new owner with low interest rate as 3.25%. FINANCIAL SUMMARY: Gross total income $866,520 (rental income-$674,988, commercial income-$125,472, parking spaces income-$44,460, laundry-$21,600). Total Expenses $250,360 (taxes-$183,630, water/sewer-$38,000, fuel/gas-$600, insurance-$10,000, payroll-super-$8,400). Net income (NOI) $615,890.

Property Features

  •  829
    • Bank Mortgage
    • Cash
    • Conven
  •  20
  •  R6B
  •  183630.00
  • Exterior Features

  •  Brick
  •  Brick
  •  Flat
  •  5
  •  Poured Concrete
  •  Detached
  •  None
  • Interior Features

  •  None
  •  Stove
  •  Hardwood
  •  Hot Air
  •  Gas
  • Courtesy of Exit Realty Professionals

    Schedule to See Homes


    Meagen O'Brien

    718-954-8401
    Keller Williams Realty Empire