1424 71st St, Brooklyn, NY, 11228

USD 1,460,000
For Sale MLS: 500017

Property Details

Bedrooms

8

Bathrooms

6

Property Type

multi family

Description

Multi Family in Brooklyn, NY - Bedrooms: 8 - Bathrooms: 6 - Area: 1460 sqft - Year Built: 1925 - Lot: 2000 sqft

Listing Agent: Majid Ilyas Brokerage: Fillmore Real Estate

Presenting a fantastic opportunity to own a six-unit building in the highly sought-after Bensonhurst/Dyker Heights area. This property is ideal for investors looking for steady income and future growth.The building consists of six apartments: four 1-bedroom units and two 2-bedroom units. All apartments are well-kept and in great shape. Tenants are dependable, cooperative, and current on rent payments. One unit will be delivered vacant, offering flexibility for personal use or rental adjustment.Lease renewals are approaching, allowing for rent increases that will boost overall income in the coming year. The property currently produces over $100,000 in annual rental income, with an estimated 4%-5% cap rate.Additional highlights include separate gas and electric meters for each unit, as well as an on-call superintendent who maintains the building as needed.Proof of funds and a pre-approval letter are required prior to scheduling a showing. Don't miss out on this outstanding opportunity!

Location

Address

1424 71st St, Brooklyn, NY, 11228

City

Brooklyn

Features and Finishes

Bedrooms: 8, A/C Unit - Window, Refrigerator, Stove, Window Treatments, Flooring: Hardwood, Linoleum, Tile, Basement Features: Finished, Separate Entrance, Unfinished, Full Bathrooms: 6, Fuel Expense: 1000, Heating Fuel: Gas, Water Heaters: Gas, Lot Size Acres: 0.0459137, Lot Size Square Feet: 2000, Yard: Back,Front, Gross Income: 111312, Number of Units: 6, Bedrooms in Unit-1: 1, Bedrooms in Unit-2: 1, Bedrooms in Unit-3: 2, Bedrooms in Unit-4: 1, Bedrooms in Unit-5: 2, Bedrooms in Unit-6: 1, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-3: 1, Total Bathrooms in Unit-4: 1, Total Bathrooms in Unit-5: 1, Total Bathrooms in Unit-6: 1, Full Bathrooms in Unit-1: 1, Full Bathrooms in Unit-3: 1, Full Bathrooms in Unit-4: 1, Full Bathrooms in Unit-5: 1, Full Bathrooms in Unit-6: 1, Total Rooms in Unit-1: 3, Total Rooms in Unit-2: 3, Total Rooms in Unit-3: 4, Total Rooms in Unit-4: 3, Total Rooms in Unit-5: 4, Total Rooms in Unit-6: 4, Unit-1 Description: 1 Bedroom, Unit-2 Description:

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