Brooklyn Real Property, Inc.
![[Coney Island Real Estate, listing number 6959858]](https://www.vlshomes.com/images/full/6959858a.jpg)
| Description: 6959858 | |
| Coney Island Brick legal 8 family Fully 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 Monthly income $ 11,461.00 Yearly $ 137,532.00 Income Gross Expense $ 28,568.00 CURRENT CAP RATE 7% huge backyard with additional room to build guest room! New roof, Sprinkler system, Gas Boiler (Recently Converted to gas from Oil) Stairways & many apartments are modernize & updated! 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! BRP Exclusive! Just unpack & collect rent! Actual Financials: current DHCR Fully occupy with projected 7% 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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Details: |
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| Families: | 8 | |
| Bedrooms: | 2 | |
| Bathrooms: | 8 | |
| Property Type: | Hi Ranch | |
| Rooms: | 18 | |
| Outdoor Space: | Cement | |
| Lot Size: | 20 x 1118 | |
Financials: |
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| Price: | $1,350,000 | |
| Taxes: | $9,996 | |
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