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$ 1,550,000
Est. payment | /mo
2,352 Sqft Lot
$ 1,550,000
Est. payment | /mo
2,352 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Flatbush
MLS Listing ID 1059104
Rental Info No
Year Built 1931
Annual Tax Amount $17,739
Lot Size 2,352 Sqft
Acres 0.054
Property Sub-Type Multi Family
Source onekey2
Property Description
Excellent investment opportunity at 196 Lawrence Street! Recently renovated six unit property generating approximately $144,000 in annual income, with approximately $40,000 in annual expenses. Features a finished basement with walk-in access and windows. Well-maintained, income-producing property offering strong cash flow and excellent investment potential. A great opportunity for investors. New leases for 2 years in place
Ownerf iling to remove the DHCR and rent controll on the building
Air rights to add aditional floor and a half.
Ownerf iling to remove the DHCR and rent controll on the building
Air rights to add aditional floor and a half.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Walk-Out Access
Interior
Heating Steam
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Brooklyn 22
School District Brooklyn 22
Others
Special Listing Condition None
Listed by Keller Williams Valley Realty • Eidel Moses
Nearby Locations
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Jeffrey Jimenez
Licensed Real Estate Salesperson License ID: 10401267947