14 bedroom house for sale

Overview

LEGACY FAMILY OWNED BUILIDNG IN A COMMUNITY WITH A 1.5% VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase with wrought iron railing, original mosaic floors and reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows and a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking Manhattan skyline and a back yard area. GROSS POTENTAIL RENT = $175, 445. NET OPERATING INCOME = $101, 262. CAP RATE = 5%. FULL REPORT and INTERIOR VIDEO AVAILABLE. For more details and to contact: https://realtyww.info/homes_brooklyn-d523175/for-sale_i71081289

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