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144 Sheridan Avenue

E. New York, NY 11208
  • $4,200,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 3346620
$4,200,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1921
County:
Area:

School Ratings & Info

Description

A pristine 19 unit apartment building located in East New York. Each unit consist of 1 bedroom/ 1 bath. Fully occupied and rent-stabilized. Buyers must provide proof-of-financing and meet with the broker before showings are scheduled. The roof is sold to a cellular company for satellite tower space. Owner is entitled to 60% of profits if subleased. Property Taxes: ~$64,000 Insurance: ~$48,000 Maintenance(estimate): ~$1,840 Heating(oil): ~$16,000 Hot Water: ~$15,000 Operating Expenses: $142,840 Gross Income: $276,000 Cap Rate: 3.17%

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2021-12-04T00:17:08.67.
www.carollorealestate.com/homes/121578058
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144 Sheridan Avenue E. New York, NY 11208

  • Price: $4,200,000
  • Status: Active
  • On Site: 75 Days
  • MLS #: 3346620
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1921
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Property Description
A pristine 19 unit apartment building located in East New York. Each unit consist of 1 bedroom/ 1 bath. Fully occupied and rent-stabilized. Buyers must provide proof-of-financing and meet with the broker before showings are scheduled. The roof is sold to a cellular company for satellite tower space. Owner is entitled to 60% of profits if subleased. Property Taxes: ~$64,000 Insurance: ~$48,000 Maintenance(estimate): ~$1,840 Heating(oil): ~$16,000 Hot Water: ~$15,000 Operating Expenses: $142,840 Gross Income: $276,000 Cap Rate: 3.17%
Exterior Features

Building Size 17600

Interior Features

Ceiling Height 9

Property Features

Business Type Apt House Net Operating Income 133160.00 Operating Expense 142840.00 Property Sub Type Apartment Property Type Commercial Sale Tax Annual Amount 0.00 Zoning Description R5

Listing courtesy of Daylan Bisram of East Point Realty Llc.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2021-12-04T00:17:08.67.
 
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