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361 59th Street

BROOKLYN, NY 11220
  • $1,218,000
  • STATUS: Active
  • ON SITE: 230 Days
  • MLS #: 481397
UPDATED: 227 min ago
$1,218,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,201
    SQFT
  • $381
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1906
Area:

School Ratings & Info

Description

Introducing a beautiful 6-family Solid Brick in a prime neighborhood, Sunset Park. This Building size of 21x60 sitting on a 20x100 lot. Taxes are $10,283/year. The building consists of 6 One-Bedroom apartment (all in excellent condition) with access to a full basement. The building currently provides a gross annual rental income of $110,749 which is about a 5% to 6% CAP Rate, and it also determines that current tenants are at or about paying fair market rents. The building is conveniently located minutes away from all shopping and transportation on 4th Ave and 5th Ave, near N and R train Subway station. Please have the pre-approval or proof of funds ready with all offers. 24-hour notice that way all showings can be accommodated.

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© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2024-12-08T00:00:21.087.
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361 59th Street BROOKLYN, NY 11220

  • Price: $1,218,000
  • Status: Active
  • On Site: 230 Days
  • Updated: 227 min ago
  • MLS #: 481397
0
Beds
6
Baths
0
½ Baths
0.05
Acres
3,201
SQFT
$381
$/SQFT
1906
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Sunset Park
Property Description
Introducing a beautiful 6-family Solid Brick in a prime neighborhood, Sunset Park. This Building size of 21x60 sitting on a 20x100 lot. Taxes are $10,283/year. The building consists of 6 One-Bedroom apartment (all in excellent condition) with access to a full basement. The building currently provides a gross annual rental income of $110,749 which is about a 5% to 6% CAP Rate, and it also determines that current tenants are at or about paying fair market rents. The building is conveniently located minutes away from all shopping and transportation on 4th Ave and 5th Ave, near N and R train Subway station. Please have the pre-approval or proof of funds ready with all offers. 24-hour notice that way all showings can be accommodated.
Exterior Features

Building Length 60.00 Building Width 21.00 Construction Materials Block Exterior Brick Lot Size Length 100 Lot Size Width 21 Parking Attributes None Parking Feature None Roof Flat Style Other Yard BackFront

Interior Features

Basement Amenities Full Baths Total Level1 2.00 Baths Total Level2 2.00 Baths Total Level3 2.00 Building Footprint Sq Ft 1260 Flooring LaminateTile Foundation Details Stone Heat Delivery Steam/Radiator

Property Features

ACUnits 0 Block 854 Building Amenities NONE Construction Type Attached Cross Street Name 4th Ave Electric 110 V220 V Financing 1031 ExchangeBank MortgageCash Fuel Expense 4566.93 Gross Income 110748 Handicap Access No Heating Fuel Gas Hot Water Gas Insurance Expense 3500.00 Lot Number 50 Lot Size Irregular YN 0 Number Of Families 6 Property Sub Type Multi-Family Property Type Residential Residential Features Other Sale Type Arm's Length Tax Amount 10282.85 Transaction Type Sale Utility Expense 845.62 Zoning R6A

Listing information © 2024 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Century 21 Realty First: (718) 758-5838.


© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2024-12-08T00:00:21.087.
 
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