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$ 1,670,000
Est. payment | /mo
0.28 Acres Lot
$ 1,670,000
Est. payment | /mo
0.28 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Sea Gate
MLS Listing ID 1063777
Rental Info No
Year Built 1930
Annual Tax Amount $23,844
Lot Size 0.275 Acres
Acres 0.2755
Property Sub-Type Multi Family
Source onekey2
Property Description
Investment opportunity in Brooklyn's private, gated Sea Gate community. This detached 10-unit multifamily property offers two buildings on an expansive 100 *120-foot lot, totaling approximately 12,000 square feet, with approximately 5,211 square feet of building area and ample private parking. Features include hardwood floors, updated kitchen cabinetry, and improvements to the roof, siding, and windows. A full unfinished basement with high ceilings provides additional storage space. Residents enjoy private beach access and 24-hour community security. Annual scheduled rental income is approximately $124,000 before expenses, based on owner-provided rents and assuming full collection.
Location
State NY
County Kings (brooklyn)
Interior
Heating Natural Gas, Steam
Cooling None
Fireplace No
Exterior
Parking Features Other
Utilities Available See Remarks
Building
Sewer Other
Water Other
Structure Type Stucco
Schools
High Schools Brooklyn 21
School District Brooklyn 21
Others
Special Listing Condition None
Listed by Daniel Gale Sothebys Intl Rlty • Huailing Deng
Nearby Locations
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Jeffrey Jimenez
Licensed Real Estate Salesperson License ID: 10401267947