Address
2877 West 20 Street Brooklyn, NY
Price
$ 1,199,000
Property Attributes
- MLS#440352
- TypeMulti-Family
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodConey Island
- Zip11224
- Style
- Taxes8700
- Price$ 1,199,000
- Bedrooms2
- Full Bathrooms8
- Half Bathrooms0
- Lot Size2,352 SqFt
Listing Provided Courtesy Of:
Jean Paul Ho with BRP Associates Inc
Property Description
Coney Island Brick legal 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. stabilized units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. There is plenty of upsides in rental increases. CURRENT GOI = $114,593.04 CURRENT NOI = $96483.04 Gross Expense $ 18,110 CURRENT CAP RATE 8% huge backyard! New roof, Sprinkler system, Stairways & many other updates! On 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! Just unpack & collect rent! Actual Financials: .Fully occupy with ACTUAL 8% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few blocks away -Near train , shopping off Neptune Avenue! Steps to beach! Huge price reduction from initial $1.490 Million Very well maintained building with no violation! DHCR available - all tenant are CURRENT pays on time
| Price History | |
|---|---|
| 7/12/2020 | Listed $1,429,000 |
| 8/17/2020 | 4% - $1,375,000 |
| 10/9/2020 | 6% - $1,299,000 |
| 11/13/2020 | 8% - $1,199,000 |
General Features
| # Families | 8 |
|---|---|
| Block | 7019 |
| Borough | Brooklyn |
| Building Type | Detached |
| Electric | Circuit Breakers |
| Flooring | Hardwood |
| Lot Number | 55 |
| MLS Area | Coney Island |
| Property Type | Residential |
| Residential Features | Refrigerator, Stove, Other |
| Roof | Flat |
| Stories | 3 |
| Style | Other |
| Sub Type | Multi-Family |
| Zoning | R5 |
Interior Features
| Basement Amenities | Finished, Full, Walk-in, Other |
|---|---|
| Baths Total Level 1 | 2.00 |
| Baths Total Level 2 | 3.00 |
| Baths Total Level 3 | 3.00 |
| Beds Total Level 2 | 1 |
| Beds Total Level 3 | 1 |
| Building Amenities | Storage rooms |
| Full Baths | 8 |
| Heating Fuel | Gas |
| Hot Water | Hot Water Coil in Boiler |
| Rooms Total Level 1 | 2 |
| Rooms Total Level 2 | 7 |
| Rooms Total Level 3 | 7 |
| Total Rooms | 18 |
| Unit Count | 8 |
Exterior Features
| Building Length | 55.00 |
|---|---|
| Building Width | 20.00 |
| Exterior | Brick |
| Foundation | Poured Concrete |
| Lot Size Length | 118 |
| Lot Size Width | 20 |
| Lot Sq Ft | 2352 |
| Parking Attrib | None |
| Yard | Back, Front |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 11224
Price
Taxes
Visits
Walkscore
All Data is Copyright © 2021 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
Staten Island Board of REALTORS® (SIBOR)
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
