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Property Description

Introducing a prime investment opportunity in the heart of Sunset Park – an impressive 8-family brick house spanning 4 stories over a full and finished basement. This property features a total of 8 units, with 2 units situated on each floor. The first floor and basement are thoughtfully configured as two duplex units, each boasting 2 bedrooms, 1 bathroom, a spacious living room, a well-equipped kitchen, and a dedicated dining area. Remarkably, the basement stands out with its high 8.5-foot ceilings, providing an expansive and comfortable living space. Adding to the allure, the 4 units on the 3rd and 4th floors feature charming balconies, offering residents a private outdoor retreat. The roof is fenced for security and privacy, enhancing the overall appeal of the property. The building is equipped with 8 boilers, 8 water heaters, 8 gas meters, and 9 electric meters ensuring efficient and individualized control for each unit. Building size 25*60 over Lot 25*100. Annual property tax of $14,465. Total annual income is $210,912 and total expenses are $26,500. Net income $184,412. This property is positioned near 8th avenue Chinatown, providing easy access to shops, restaurants, banks, and more amenities. Public transport nearby (D, R, N Train and B35, B70 Buses) Don’t miss the opportunity to acquire this well-maintained and income-generating asset in the vibrant Sunset Park neighborhood.

Features
Heating System:
Natural Gas, Hot Water
Cooling System:
Wall/window Unit(s)
Basement:
Finished, Full
Appliances:
Refrigerator, Gas Water Heater
Fireplace Features:
Pellet Stove
Fireplaces Total:
1
Garage Spaces:
2
Interior Features:
Master Bath, Open Kitchen, Powder Room, High Ceilings, Cathedral Ceiling(s), Home Office, Multi Level
Lot Features:
Partly Wooded
Parking Features:
Off Street
Sewer:
Other
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Directions:
Use GPS
Property and Construction
Architectural Style:
Contemporary
Construction Materials:
Frame
Development Status:
Brick
Elementary School:
Ps 24
High School:
West Brooklyn Community High School
Inclusions:
Dishwasher, Refrigerator, Screens, Dryer, Washer, Shed, Chandelier(s)
Agent MlsId:
203071
Office MlsId:
RMXE01
MiddleOrJunior School:
Is 136 Charles O Dewey
Number Of Units:
8
Senior Community:
1
Tax Annual Amount:
$14,465
Water Source:
Other
PhotosCount:
27

Commercial Sale For Sale

754 40th Street, New York, NY

16 Bedrooms
8 Bathrooms
2,504 Acre
$2,999,000
Listing ID #L3528768
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
L3528768
Price :
$2,999,000
Rooms :
34
Bedrooms :
16
Bathrooms :
8
Bathrooms Total :
8
Lot Area :
2,504 Acre
Year Built :
2009
Status :
Active
Status :
Active
Listing Office :
RE/MAX Edge
Listing Agent :
Kelly Wu
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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