Corner Brick 4 story walk up building with 6 Apartments 4 stores and 1 car garage. Located in the very busy section of Bay Ridge. Well maintained and fully leased 4 apartments has been removed from the stabilization and rented for free market rent, 2 apartments are still stabilized.
Building generates $230,000 in gross income and $165,000 NET with over 5% Cap rate and upside potential.
Corner Brick 4 story walk up building with 6 Apartments 4 stores and 1 car garage. Located in the very busy section of Bay Ridge. Well maintained and fully leased 4 apartments has been removed from the stabilization and rented for free market rent, 2 apartments are still stabilized.
Building generates $230,000 in gross income and $165,000 NET with over 5% Cap rate and upside potential.
Listing Courtesy of RE/MAX Edge