Homes for sale - 2877 W 20TH Street, Brooklyn, NY 11224

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DEXTER PHILLIP

dexter.phillip@exprealty.com +1(917) 809-9210

Listing Courtesy of Brooklyn Real Property Inc

$ 1,350,000

Est. payment | -/mo

2 Beds

8 Baths

2,200 SqFt

Save

$ 1,350,000

Est. payment | -/mo

Save

2 Beds

8 Baths

2,200 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $613

Subdivision Coney Island

MLS Listing ID RPLU-716123037445

Bedrooms 2

HOA Y/N No

Year Built 1901

Annual Tax Amount $9,192

Property Description

Coney Island Brick 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. stabilized units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. There is plenty of upsides in rental increases. Current Monthly income $ 11,461.00 Yearly $ 137,532.00 Income Gross Expense $ 28,568.00 CURRENT CAP RATE 7% huge backyard with additional room to build guest room! New roof, Sprinkler system, Gas Boiler (Recently Converted to gas from Oil) Stairways & many apartments are modernize & updated! 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! BRP Exclusive! Just unpack & collect rent! Actual Financials: current DHCR Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few minutes away -Near train, shopping off Neptune Avenue as well as the beach! Very well-maintained building with no violation! DHCR available - all tenant are CURRENT & pays on time

Location

State NY

County Kings

Rooms

Basement Other

Interior

Fireplace No

Laundry In Unit

Exterior

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Townhouse

Story 2

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $766

Special Listing Condition Standard

Pets Allowed Building Yes, No

RLS Data display by eXp Realty

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+1(917) 809-9210

dexter.phillip@exprealty.com

104 West 40th Street 4th Floor, New York, NY, 10018, USA

2877 W 20TH Street Brooklyn, NY 11224