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2877 West 20 Street
Brooklyn NY 11224 US

$999,999

Active Listing ID 440352
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2 bed
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8.00 Bath (8 Full Bath)
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Lot: 2,352.00 squareFoot
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Single Family Attached

$999,999

Active Listing ID 440352
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2877 West 20 Street Coney Island Brick legal 8 family Fully detached & 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 GOI = $114, 593.04 CURRENT NOI = $96483.04 Gross Expense $ 18, 110 CURRENT CAP RATE 8% huge backyard! New roof, Sprinkler system, Stairways & many other updates! On 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! Just unpack & collect rent! Actual Financials: .Fully occupy with ACTUAL 8% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few blocks away -Near train , shopping off Neptune Avenue! Steps to beach! Very well maintained building with no violation! DHCR available - all tenant are CURRENT pays on time.

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Property Features

  • Facts
  • Lot Size: 2,352.00 acre
  • Property Type: Residential
  • Property Sub-type: Single Family Attached
  • Features
  • Full Bathrooms: 8
  • Exterior Finish: Brick
  • Floor Covering: Hardwood
  • Roof Type: Unknown
  • Heating Fuels: Natural Gas
  • Heating Systems: Radiator, Steam
Listing Changed: 11/29/2021 5:34:31 PM GMT
Source Updated Date: 12/6/2021 6:30:03 AM GMT

Courtesy of: Jean Paul Ho, BRP Associates Inc

Listing Source - ListHub

Copyright © 2021 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.