5405 6th Avenue, Brooklyn, New York 11220

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List Price
$3,480,000
Price Change
▼ $320,000 1754436321
Status
ACTIVE
MLS#
488777
Sq. Ft
4,723
Year Built
1910

Property Description

Prime Location in Sunset Park, Busy high traffic area newly rebuilt gut renovated from ground up legal 3 family with storefront & basement. storefront/Office/ Storage "Accessory" Not included in Cap Rate! Totally rebuilt in 2009-2010 new construction- Huge three residential apartments, each consist of 4 bedrooms & 2 full baths & 2 balcony! Lots of closet space, Average residential size 1,822 sq ft with high ceiling! New kitchen bathroom, floors too much to say! Month to month occupancy! Newly renovated Storefront 1,080 sq ft with full finished basement with high ceiling & bathroom with its separate entrance & boiler! Tenants pays own heat with new HVAC AC/Heating unit! Building size 20 x 55 lot size 20 x 80. R6 S2 zoning. Storefront newly renovated-tenant moved out -no lease - paying $ 5,000-month NNN lease. Projected Cap rate 7% with many upsides potential Projected $ 366,000 yr income! All market values! Near 8th Or 4 Avenue shopping corridor, all train, restaurant & much more!

Additional Information

Lot Size
1,600
Stories
4
Parking Description
None
Heat Source
Gas
Year Built
1910
Zoning
R6A
Sale Type
Arm's Length
Bank Financing
1031 Exchange, Bank Mortgage, Cash
Building Type
Attached
Year Built
1910
Basement
Finished, Full, Separate Entrance, Walk-in
Lot Dimensions
80 x 20
Building Dimensions
55.00 x 20.00
Estimated Yearly Tax Amount
$16,354

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Calculator source: Real Geeks

Listing courtesy of Brooklyn Real Property Inc..