Portfolio of 2 Commercial Assets Multi-Family FOR SALE


Brooklyn, NY
$1,800,000 USD
917-865-0227
, Brooklyn, NY for Sale
$1,800,000 USD
Multi-Family - FOR SALE
1/7
null | 8% Cap Rate

Portfolio of 2 Commercial Assets
Brooklyn, NY


HIGHLIGHTS

  • Excellent location, just two blocks from the Jefferson St L Train Station.

OVERVIEW

PACKAGE DEAL WITH 42 St Nicholas Avenue Two Six Family Buildings in Excellent Condition Both are Rent Stabilized Excellent location just two blocks from the Jefferson St L Train Station Same ownership for 45 years has done an excellent job maintaining the property. Buildings Priced at an 8 Cap. 42 St Nicholas Avenue Six two bedroom apartments: Rent Roll = $116,120 Expenses (including taxes) = $51,602. 44 St Nicholas Ave: 6 Family brick building Three one bedroom apartments and three two bedroom apartments. Building will come with one vacant unit that has been owner occupied since 2013. Building has full height basement that is not yet utilized. Rent Roll = $119,588. Expenses (including taxes) = $40,658

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Nick MahedyCompassMore Info
917-865-0227

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Nick MahedyCompassMore Info
917-865-0227

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