196 Lawrence Avenue, Brooklyn, New York 11230
- $1,300,000
- 12
- BD
- 5,006
- SqFt
- List Price
- $1,300,000
- Price Change
- ▼ $99,000 1686007783
- Status
- ACTIVE
- MLS#
- 472559
- Bedrooms
- 12
- Full-baths
- 6
- Sq. Ft
- 5,006
- Year Built
- 1931
Property Description
Attention Investors! This is a 6 Family made up of all 4 Room, 2 Bedroom and 1 Bathroom Apartments. This is a Rent Stabilized Building. There are no Rent Controlled units. The Gross Operating Income Annually is currently $128,544. Annual Expenses are $30,982. The Net Operating Income Annually is currently $97,562. Cap Rate at asking price is 7.5% return on investment. This is an "As Is" Sale. Can be partially delivered vacant if under contract before 7/1/2023.
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Additional Information
- Style
- Triplex
- Lot Size
- 2,354
- Stories
- 3
- Parking Description
- None
- Heat Source
- Gas
- Year Built
- 1931
- Zoning
- R7A
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Semi-Detached
- Year Built
- 1931
- Basement
- Unfinished
- Lot Dimensions
- 100 x 24
- Building Dimensions
- 71.00 x 23.00
- Estimated Yearly Tax Amount
- $13,457
Mortgage Calculator
Listing courtesy of Keller Williams Realty Empire.