5706 7th Ave - Apartments FOR SALE


Brooklyn, NY 11220- Sunset Park
$4,880,000 USD
718-503-2598
5706 7th Ave, Brooklyn, NY for Sale
$4,880,000 USD
Apartments - FOR SALE
1/3
null | 3.89% Cap Rate

5706 7th Ave
Brooklyn, NY 11220
Sunset Park


OVERVIEW

7-family plus one store mixed-use building in the heat of Sunset Park. Lot size: 25x100, Building size: 25x75. Zoning: R7A, C2-4. Finished basement. Each apartment features three bedrooms and one living room, with separate gas and electric meters. Current rental income: $229,000/year. Expenses: $40,475/year. Net income: $190,000/year. Great investment potential. Call agent for more details.

FOR SALE DETAILS

PRICE

$4,880,000 USD

PRICE/SF

$728 USD /SF

# OF UNITS

7

PRICE/UNIT

$697,143

CAP RATE

3.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R7/C2-4

APN/PARCEL ID

00849-0038

ASK ABOUT THIS PROPERTY

David FengE-House Realty & Management, Inc.More Info
718-503-2598

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David FengE-House Realty & Management, Inc.More Info
718-503-2598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.