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Posted: Tuesday, April 11, 2017 1:44 PM

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Richard Dipietro - (347) 809-5192

License# 10401232124


Multifamily Property For Sale

East New York 6 Unit Property For Sale

583 Van Siclen Avenue, Brooklyn, NY 11207

Price: $1,357,920
No. Units: 6
Building Size: 6,525 SF
Price/Unit: $226,320
Property Type: Multifamily
Property Sub-type: Garden/Low-Rise
Property Use Type: Investment
Commission Split: 3%
Cap Rate: 7.90%
No. Stories: 3
Year Built: 1925
Lot Size: 2,500 SF
APN / Parcel ID: 4088-15
Last Verified: 4/11/2017
Listing ID: 20271877


Highlights

  • Projections: 7.9% Cap Rate / $130,000 Gross Income / $107,076 Net Income
  • 6 unit, 6,525 SF, 3 story property on a 25ft x 100ft lot
  • 2 three bedrooms / 3 two bedrooms / 1 one bedroom
  • 2 apartments recently renovated
  • Nearby public transportation includes: 2, 3, 4, 5 & L Trains and the B15Bus.
  • The average Price Per SF increased to $336, up from $301 and median rent reached $2,150 in 2016.

Description

Coldwell Banker Reliable Commercial Division is pleased to offer 583 Van Siclen Avenue for sale. A 6 unit, 6,525 SF multi-family located in the East New York neighborhood of Brooklyn.

East New York is a residential neighborhood in the eastern section of the borough of Brooklyn in New York City, United States. The neighborhood is part of Brooklyn Community District 5, covered by Brooklyn Community Board 5.


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.

CJ6DL9M

583 Van Siclen Ave, 11207    google map | yahoo map

• Location: Brooklyn, East New York

• Post ID: 96570437 brooklyn
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