Property Description
Don’t miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40×90 and the lot size is 40×100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.
Features
: Flat
Address Map
11219
42nd
902
Street
0
W74° 0' 11.7''
N40° 38' 38.8''
MLS Addon
: Multi-family
16
309
: Refrigerator, Stove
: Hardwood
: Other
114610
RE/MAX Real Estate Professiona
Billy E. Apter
bea5721
$0
$0
: Full
: Brick
: Active
: Other
$62,674
Residential For Sale
902 42nd Street, Brooklyn, New York 11219
32 Bedrooms
16 Bathrooms
14,400 Sqft
$3,295,000
Listing ID #479190
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 479190
Price : $3,295,000
Bedrooms : 32
Bathrooms : 16
Square Footage : 14,400 Sqft
Year Built : 1928
Lot Area : 4,017 Sqft
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