34
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$1,449,000
Est. payment /mo
12 Beds
6 Baths
5,600 SqFt
Price Dropped by $1K
2047 78th ST Brooklyn, NY 11214
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $258
MLS Listing ID 504087
Style Other
Bedrooms 12
Full Baths 6
Year Built 1924
Annual Tax Amount $21,900
Property Sub-Type Multi-Family
Property Description
Welcome to this excellent 6-family brick investment property located in the heart of Bensonhurst, Brooklyn. The property features six spacious two-bedroom apartments, providing a strong and consistent income stream. In addition, the building offers two separately rented basement storage areas, creating additional income potential.
The property currently generates approximately $11,230 per month in gross rental income, or $134,760 annually.
Annual expenses are approximately $45,100, resulting in an estimated NOI of $89,660 and a 6.18% cap rate..
The building is well positioned near shopping, restaurants, public transportation, and the vibrant 86th Street commercial corridor. A strong opportunity for investors seeking a stabilized multifamily asset with additional income and future upside.
Serious investors are encouraged to inquire for additional financial details.
The property currently generates approximately $11,230 per month in gross rental income, or $134,760 annually.
Annual expenses are approximately $45,100, resulting in an estimated NOI of $89,660 and a 6.18% cap rate..
The building is well positioned near shopping, restaurants, public transportation, and the vibrant 86th Street commercial corridor. A strong opportunity for investors seeking a stabilized multifamily asset with additional income and future upside.
Serious investors are encouraged to inquire for additional financial details.
Location
State NY
County Kings (brooklyn)
Area Bensonhurst
Zoning R5
Rooms
Basement Cellar, Full
Interior
Hot Water Electric
Heating Electric, Gas
Flooring Carpeting, Ceramic, Granite, Hardwood
Heat Source Electric, Gas
Exterior
Exterior Feature Brick, Brownstone
Amenities Available Bike Rooms
Roof Type Asphalt/Tar
Handicap Access No
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Electric,Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by GW Realty Inc.
NEARBY SCHOOL & BUSINESS
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