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Multi Family - for Sale

6216 5TH AVE, BROOKLYN, NY 11220

Asking Price$2,350,000

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  • Living 3300sqft
  • Lot size 1600sqft
  • Taxes $8,665
  • Year Built 1931
  • Days on market:

    27 day(s)
  • Original Price:

    $2,350,000
  • Price per sqft:

    $712.12
  • Property Type:

    Multi Family
  • Total Families:

    2
  • Loading docks:

    Other
  • Borough:

    Brooklyn
  • Crossing Street:

    62nd St
  • Electric Service:

    Circuit Breakers110 V
  • Construction Type:

    Brick
  • Yard:

    None
  • Roof:

    Other
  • Foundation:

    Poured Concrete
  • Heat Delivery:

    Steam/Radiator
  • Loading docks:

    Other
  • Basement Amenities:

    Unfinished

Description

$2,350,000 • living size area 3300 sqft

Prime sunset park mixed use 3 stories building with 1 commercial store and 2 residential apartments, hot water and heat is separate, the 1st floor store currently rent is $4,050 with 1.5 years lease left, 2nd and 3rd floor apartments with 3 bedrooms each and will be vacant when closing, each apartment is expected to rent $2,600, 1,100 sq ft basement as a storage room can be rent $1,200 or up, total income is looking to $10,450/m, annual gross income $125,400, rate cap 5.5%. a motivated seller is ready to hear all offers.

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