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307 E 54th Street
East Flatbush, NY 11203

Residential Multi Family (N/A)

0.07 Acres
5832 Sqft Living Area

14 Bedrooms

6 Bathrooms (6 Full, 0 Half)

Year Built: 1920

$899,999

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Property Description

GREAT INVESTMENT OPPORTUNITY - RENT STABILIZED-EAST FLATBUSH - BRICK FACADE - 6 FAMILY 1. Income: The total monthly rental income is $8,225. Annually, this amounts to $98,700. 2. Expenses: ? Taxes: $20,000 ? Insurance: $4,200 ? Water: $5,200 ? Electric: $900 ? Gas heat: $6,000 Total expenses amount to $36,300 annually. 3. Net Operating Income (NOI): ? Gross income: $98,700 ? Expenses: $36,300 NOI = Gross Income - Expenses = $98,700 - $36,300 = $62,400 RENTROLL FOR ALL UNITS CURRENT AS OF 4/1/24 UNIT F1-LEASE 6/30/20 $1,956.00 F210/31/24$876.69 F39/30/24$2,251.59 F47/31/25$1,013.45 F511/30/24$1,149.37 F67/31/25$1,087.97 CALL STEVE FOR MORE INFO ! -HEAT AND HOT WATER IS INCLUDED WITH ALL TENANCY . -TENANTS RESPONSIBILITY GAS/ELECTRIC

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Contact Details

Name: Steven S Benshabat

Email: slrnyc5@gmail.com

MLS Listing Id: 3540955

Agent Phone: (718) 807-5246

List Agent License:

Office Name: Exit Realty First Choice

Office Phone: (718) 380-2500

Office MLS Id: NOW02

Listing Status: Active

Listing URL: https://www.realtor.com/realestateandhomes-detail/307-E-54th-St-Apt-6_Brooklyn_NY_11203_M45313-72957?f=listhub&s=MLSLINY&m=3540955&c=openhousinc

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