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Posted: Tuesday, October 17, 2017 12:43 PM

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Richard Dipietro - (347) 809-5192

License# 10401232124


Multifamily Property For Sale

Sunset Park 7 Unit Multifamily Property For Sale

466 54th St, Brooklyn, NY 11220

Price: $1,350,000
No. Units: 7
Building Size: 2,700 SF
Price/Unit: $192,857.14
Property Type: Multifamily
Property Sub-type: Garden/Low-Rise
Property Use Type: Investment
Commission Split: 3%
Cap Rate: 5.50%
No. Stories: 3
Year Built: 1931
Lot Size: 1,978 SF
APN / Parcel ID: 00823-0035
Last Verified: 5/18/2017
Listing ID: 20259446


Highlights

  • 7 apartments / 5 two bedrooms / 2 Studios
  • Walking distance to the N & R train, B9 & B63 Buses. Easy access to I-278, Prospect Expressway and the Belt Parkway.
  • Projections / $94,500 Gross Income / $73,673 Net Income / 5.5% Cap Rate
  • Apartment 2F to be delivered vacant

Description

Coldwell Banker Reliable Commercial Division is pleased to offer 466 54th Street for sale. A seven unit multifamily property located in the Sunset Park neighborhood of Brooklyn. Projections: $94,500 Gross Income, $73,673 Net Income, 5.5% Cap Rate, 2,700 SF 3 story building on a 19.75 ft x 100.17 ft lot. 7 apartments, 5 two bedrooms, 2 Studios, Free market rents. Apartment 2F to be delivered vacant.Between 4th & 5th avenues, major retail corridors. Walking distance to the N & R train, B9 & B63 Buses. Easy access to I-278, Prospect Expressway and the Belt Parkway. Near Sunset Park, the park features stunning views, a state-of-the-art swimming pool, green fields, pedestrian walkways, a sand volleyball court and a recreation center.

Sunset Park is a neighborhood in the western part of the New York City borough of Brooklyn. It is bounded by the Gowanus Expressway/17th Street, Park Slope, Greenwood Heights and Green-Wood Cemetery to the north, 8th Avenue and Borough Park to the east, 65th Street and Bay Ridge to the south, and Upper New York Bay to the west.


Richard Dipietro - (347) 809-5192

License# 10401232124


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

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466 54th St, 11220    google map | yahoo map

• Location: Brooklyn, Sunset Park

• Post ID: 96345483 brooklyn
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