Brighton Beach Real Estate

125 Neptune Avenue, Brighton Beach, NY 11235

[Brighton Beach Real Estate, listing number 6968369]



Description: 6968369
   Golden investment opportunity!! This spectacular fully DETACHED, 3-family, solid brick house in prime Brighton Beach boasts extremely high rental income and low expenses, racking in a 7%+ CAP RATE AFTER all expenses. It`s 19x51 building size on a 25x70 lot. R6 zoning. Newly stucco exterior and updated roof. This 3-story building fully rented out with lease collecting, currently collecting over $100k annually. Level 1: 4 bedrooms, 1.5 bath rented out for $2,871/mo. Level 2: 4 bedrooms and 1.5 bath, rented out for $2,881/mo. Level 3: 5 bedrooms and 1.5 bath rented out for $2,625/mo. This well-maintained newly updated building located on a high traffic avenue that is within steps to all the conveniences. Conveniently near to the stunning Emmons Avenue Promenade. Easily accessible to all shopping, bars, cafes, movie theater, yacht club, and restaurants Brighton Beach has to offer. Close proximity to Belt parkway, local buses and Q & B train. Nearby schools include I.S. 98 Bay Academy & Kingsborough Community College. DonĂ¢??t miss out on this RARE IMMENSE INVESTMENT OPPORTUNITY to own a piece of Brighton Beach, Brooklyn.

Details:
   Families: 3
   Bedrooms: 13
   Property Type: Multi-Family
   Rooms: 19
   Built: 1915

Financials:
   Price: $1,250,000

 

Momentum Real Estate LLC
Kevin Lam
Office: (718)382-0005

provided by Brooklyn Bd of Realtors