$4,790,000 41 BD 23 BA 23,400 SF

Property Description

This property is a residential 23 unit building on the corner of Ocean Ave & Glenwood Rd in prime Flatbush/Midwood area of Brooklyn! 20 units are occupied by tenants & 3 units are vacant. All apartments are rent-stabilized. 2 3-bedroom apts 14 2-bedroom apts 7 1-bedroom apts Total Residential Units: 23 Building Class: C1 Building Size: 60' X 100' # Floors: 4 Lot Size: 60' X 110' (corner lot) Zoning: R7A SQFT: 24,000 Building size: 60’x100' Year Built: 1920 Annual Income (Rent Roll): $400K Annual Expenses: Taxes: $24K Water: $25K Fuel: $20K Electric: $2K Insurance: $15K Maintenance: $15K TOTAL ANNUAL EXPENSES: $101K

Property Features

  •  7548
    • 1031 Exchange
    • Bank Mortga
  •  43
  •  R7A
  •  27480.00
  • Exterior Features

  •  Brick
  •  Brick
  •  Flat
  •  4
  •  Block
  •  Detached
  •  Front
  • Interior Features

  •  Full
    • Refrigerator
    • Stove
  •  Hardwood
  •  Steam/Radiator
  •  Oil
  • Courtesy of J Buzz Real Estate Llc

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    Charles Olson

    718-954-8401
    Keller Williams Realty Empire

    Withheld Withheld Road
    Brooklyn, 11210

    $4,790,000
    41 Beds / 23 Bath
    23400 Sq. Feet
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    Withheld Withheld Road
    Brooklyn, 11210

    $4,790,000
    41 Beds / 23 Bath
    23400 Sq. Feet
    Click image to generate new verification code.