20
0
543 49th Street
Brooklyn, NY 11220
Residential (Single Family Attached)
0.06 Acres
6348 Sqft Living Area
16 Bedrooms
8 Bathrooms (8 Full, 0 Half)
Year Built: 1910
$1,750,000
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Property Description
Presenting an 8-unit multifamily brick building comprised of 8 two-bedroom apartments. The property is located between 5th Avenue and 6th Avenue in the Sunset Park section of Brooklyn. The subject property stands 4 stories, was built in 1910, and measures 25 feet wide by 69 feet deep on a lot that extends 100.17 feet deep. The property is zoned R6B. The subject property is located minutes away from the 53rd and 45th Street Train Station [N, R and W], providing easy access to Manhattan and the rest of Brooklyn. Long-term ownership and well maintained. First time on market in 35+ years. Attractive protective tax class 2B with restricted property tax increases. Four of the eight units are operating on a preferential rent with significant room to bring to legal rent upon vacancy/turn over. Great investment property opportunity. NOI of $102,000 selling at a 5.73% cap Rate
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Contact Details
Name: Michael Sorensen
Email: michael@brooklynpm.com
MLS Listing Id: 482322
Agent Phone: (718) 972-0700
List Agent License:
Office Name: Parkview Terrace Realty
Office Phone: (718) 972-0700
Office MLS Id: 116310
Listing Status: Active
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