955 Pacific St - Apartments FOR SALE


Brooklyn, NY 11238
$3,200,000 USD
631-626-9878
955 Pacific St, Brooklyn, NY for Sale
$3,200,000 USD
Apartments - FOR SALE
1/36
null | 6.46% Cap Rate

955 Pacific St
Brooklyn, NY 11238


HIGHLIGHTS

  • Three large apartments.
  • All units renovated and ready to rent or move in.
  • Just a couple blocks from the major thoroughfares of Vanderbilt Ave and Washington Ave.
  • Abundance of restaurant, grocery, and shopping options.
  • Located in the highly desirable neighborhood of Prospect Heights
  • Abundance of public transportation nearby

OVERVIEW

OWNER OCCUPY LOWER DUPLEX AND HAVE TWO HIGH INCOME RENTALS TO OFFSET YOUR MORTGAGE! LOW TAXES ($4103/yr)! Completely Turnkey! Centrally Located Near Prospect Heights, Clinton Hill, Fort Greene, and Crown Heights! 955 Pacific Street is a three story brick townhouse with a unique rear studio workspace. Located at the nexus of four prime Brooklyn neighborhoods, nearby tons of transportation options, acclaimed restaurants/bars, Prospect Park, Grand Army Plaza, Barclay Center and more. Currently configured as a three family building with owner's duplex and two high-income generating rental units. Rent out all apartments for investment, or live in the lower two units as a duplex and rent the others to substantially offset or even cover your mortgage payments. Unit 3 has a 2 year lease, pays $5800. Unit 2 has a 1 year lease, pays $4500. Both units pay ALL of their own utilities. 1st Floor + Garden Floor duplex delivered VACANT. Unit 1 Duplex (Garden Floor + 1st Floor + Rear Art Studio): * 3 Bedrooms * 4 Bath * Private Rear Art Studio / Work Space * Newly renovated * Stainless Steel Appliances * Summer Kitchen in lower level * Recessed Lighting * Split Unit Central AC/Heating * Washer Dryer * Low maintenance deck and patio * Over 2000 SF interior * Approx. 900 SF backyard Unit 2: * Rent: $4500/mo * 2 Bedrooms + Bonus Office * 1 Bath * Newly renovated * Stainless Steel Appliances * Recessed Lighting * Washer Dryer * High Ceilings * Lots of light Unit 3: * Rent: $5800/mo * 3 Bedroom * 2 Bath * Newly renovated * Stainless Steel Appliances * Recessed Lighting * Washer Dryer * High Ceilings * 2 Skylights * Private access to walkup rooftop deck Additional Highlights: * Substantially lower taxes than most buildings in the neighborhood ($4103/Year) * Delivered with two high income rentals in place with vacant duplex for owner occupant. * ALL units have separate utility meters * ALL units have in unit washer dryer and split unit central ac/heat * Over 1000 SF per rental apartment, over 2000 SF for owner's duplex. * Separate entrance for owner's duplex. * Can be legally used as four separate rental units for a 6.4% cap rate fully rented.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$705 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,066,667

CAP RATE

6.46%

% LEASED

66%

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

955 Pacific Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6B

APN/PARCEL ID

01124-0054

ASK ABOUT THIS PROPERTY

Kellen KoonCompassMore Info
631-626-9878

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Kellen KoonCompassMore Info
631-626-9878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.