401 20th Street
Greenwood Heights | 7th Ave & 8th Ave
Ownership
Multi-Family
Lot Size
25'x100'
Status
Active
Real Estate Taxes
[Per Annum]
$ 28,522
Building Size
25'x50'
Year Built
1931
ASF/ASM
5,000/465
Property Description
Spectacular opportunity to own this solid brick rent stabilized 8 Family in the most highly desired area of Greenwood Heights Brooklyn NY. The building consists of 8 one-bedroom apartments fully occupied (tenants pay their own utilities) with separate boilers. This building is well maintained with a new rubber roof, up-dated electric, plumbing ,2x hot water tanks. Each apartment has wood burning fireplaces, hardwood floors, full tiled bathrooms. The gross yearly income is $ 154,264.00 with very little expenses and it NETS $111,474.80 yearly... The property is GEM and will not last long!!!!
Spectacular opportunity to own this solid brick rent stabilized 8 Family in the most highly desired area of Greenwood Heights Brooklyn NY. The building consists of 8 one-bedroom apartments fully occupied (tenants pay their own utilities) with separate boilers. This building is well maintained with a new rubber roof, up-dated electric, plumbing ,2x hot water tanks. Each apartment has wood burning fireplaces, hardwood floors, full tiled bathrooms. The gross yearly income is $ 154,264.00 with very little expenses and it NETS $111,474.80 yearly... The property is GEM and will not last long!!!!
Listing Courtesy of Bergen Basin Realty LLC
Care to take a look at this property?
Apartment Features
Exposed Bricks
Hardwood Floors
Laundry Room
Building Details [401 20th Street]
Ownership
Multi-Family
Block/Lot
887/67
Building Size
25'x50'
Zoning
m1-1
Year Built
1931
Floors
4
Lot Size
25'x100'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Maria Castellano
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 459599