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Located at 487 East 93rd Street, Brooklyn, New York 11212, East Flatbush neighborhood, this Other is for Sale with a price of $1,500,000 USD. The property includes 12 bedrooms, has 5 full baths. See all Homes for Sale in East Flatbush.
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2. 487 East 93rd Street
1. 487 East 93rd Street
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BrooklynEast Flatbush487 East 93rd Street

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Description

487 East 93rd Street,

#1, Brooklyn, NY 11212

INCREDIBLE INVESTMENT OPPORTUNITY!!!!
MULTIFAMILY FOR SALE IN PRIME BROWNSVILLE!!!!

DESCRIPTION
BROWNSVILLE ~ 5 UNIT MULTI-FAMILY ~FREE MARKET~FULLY OCCUPIED ~ BRICK WALL FACADE~DRIVEWAY~GARAGE~RENOVATED ~7% CAP RATE ~NOI ~GREAT INVESTMENT OPPORTUNITY

Every apartment in building has been fully renovated
Brand new boiler and plumbing throughout building
7% capitalization rate at asking price

Income:
Residential $ 126,012
Effective Gross Income:
$ 126,012
Expenses:
Real Estate Taxes
$ 9,457
Water & Sewer~$ 3,600
Insurance~$ 2,600
Fuel~$ 4,200
Electric~$ 750
Total Expenses:~$ 20,607
NOI: $ 105,405

RENT ROLL: PER MONTH
UNIT 1F~$2040~ 2 BEDS/1 BATH
UNIT 1R~ $1850~ 2 BEDS
UNIT 2F~$2805~ 3 BEDS
UNIT 2R~$1850~2 BEDS
BASEMENT~ $1956~ 3 BEDS

$10,501 monthly $126,012.00 annually





Amenities

  • River view
Listing By: Keller Williams NYC via Data Source: RealPlus MLS 
12
Bedrooms
5
Full Baths
25
total rooms
$1,500,000
price
Other
Property type
New York City Department Of Education
School District
New York City Department Of Education
School District
new-york-city-department-of-education-new-york-ny
Schools
7776043
Web Id
7776043
MLS ID
1217
Days Posted

Price History

datepricevariancetype
3/22/2022$1,500,000-Listed
listing agent: STEVEN BENSHABAT
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    487 East 93rd Street, #1
    East Flatbush, Brooklyn, NY 11212

    $1,500,000
    12 bd5 ba