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About the Listing RMXE01 - 203071
Introducing a prime investment opportunity in the heart of Sunset Park - an impressive 8-family brick house spanning 4 stories over a full and finished basement. This property features a total of 8 units, with 2 units situated on each floor. The first floor and basement are thoughtfully configured as two duplex units, each boasting 2 bedrooms, 1 bathroom, a spacious living room, a well-equipped kitchen, and a dedicated dining area. Remarkably, the basement stands out with its high 8.5-foot ceilings, providing an expansive and comfortable living space. Adding to the allure, the 4 units on the 3rd and 4th floors feature charming balconies, offering residents a private outdoor retreat. The roof is fenced for security and privacy, enhancing the overall appeal of the property. The building is equipped with 8 boilers, 8 water heaters, 8 gas meters, and 9 electric meters ensuring efficient and individualized control for each unit. Building size 25*60 over Lot 25*100. Annual property tax of $14,465. Total annual income is $210,912 and total expenses are $26,500. Net income $184,412. This property is positioned near 8th avenue Chinatown, providing easy access to shops, restaurants, banks, and more amenities. Public transport nearby (D, R, N Train and B35, B70 Buses) Don't miss the opportunity to acquire this well-maintained and income-generating asset in the vibrant Sunset Park neighborhood.
Listing Highlights for 754 40th St
Interior Details
- Bedrooms: 16
- Bathrooms: 8 Full
- Appliances: Gas Water Heater, Refrigerator
- Air Cond: Wall/Window Unit(s)
- Heating: Natural Gas,Hot Water
- Fireplaces: 0, Pellet Stove
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Other
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Lot Dimensions: 25x100.17
- Roof:
- Others: New Construction
- Sewer: Other
- Parking Features: Off Street
Financial Details
- Tax Amount: $14,465
- Taxes w/Assessments: N/A
- Tax/Property ID: 00919-0026
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
754 40th St Brooklyn, NY 11232
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