Value-Add Opportunity! 6-unit building with (2) 1-bedroom, (2) 2-bedroom and (2) 3-bedroom units. All brick, large building w/ high ceilings, 3 floors plus full basement & 1 parking space. Building is 5,244 sf not including basement. The units are individually metered for cooking gas/electric. Tenants pay for cooking gas and electric. Owner pays for heat, hot water, common electric and cold water/sewer. Lot size 30x96. R5 zoning. Current rental income at 50% occupancy is $36,000 yearly. Expenses are approximately $32,832 (includes taxes). No leases, 2 vacant units and 1 owner-occupied. Seller will deliver with 3 vacancies (2F, 3F, 3R). Taxes $17,916 yearly. Building is Rent Stabilized. Adjacent 6-unit building for sale, see MLS# 1140264. Buy as package or separate.
Based on the average sale price from the staten Island, NY office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
36 Bay 32nd Street Brooklyn, NY is a Single Family Home for sale at $1350000 with 5244 sqft and a lot size of 2,900 SqFt Acre(s). 36 Bay 32nd Street Brooklyn has 12 bedrooms, 6 baths and was built in 1924. The property's zip code is 11214 which is in Brooklyn, NY
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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