902 42nd ST Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11219
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,400 sqft
Price per Sqft $228
MLS Listing ID 479190
Style Other
Bedrooms 32
Full Baths 16
Year Built 1928
Annual Tax Amount $62,674
Property Sub-Type Multi-Family
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 40x90 and the lot size is 40x100. 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.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R6
Rooms
Basement Full
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access No
Building
Story 4
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash