Price Reduction
Address
2877 West 20 Street Brooklyn, NY
Price
$ 1,299,000
Property Attributes
- MLS#440352
- TypeMulti-Family
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodConey Island
- Zip11224
- Style
- Taxes8700
- Price$ 1,299,000
- Bedrooms2
- Full Bathrooms8
- Half Bathrooms0
- Lot Size2,352 SqFt
Listing Provided Courtesy Of:
BRP Associates Inc
Property Description
Coney Island Brick legal 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. ALL Free market 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 = $116,964 CURRENT NOI = $98854 CURRENT CAP RATE 7% 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 projected 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!
| Price History | |
|---|---|
| 7/12/2020 | Listed $1,429,000 |
| 8/17/2020 | 4% - $1,375,000 |
| 10/9/2020 | 6% - $1,299,000 |
General Features
| # Families | 8 |
|---|---|
| Block | 7019 |
| Borough | Brooklyn |
| Building Type | Detached |
| Electric | Circuit Breakers |
| Flooring | Hardwood |
| Lot Number | 55 |
| MLS Area | Coney Island |
| Property Sub Type | Multi-Family |
| Property Type | Residential |
| Residential Features | Refrigerator, Stove, Other |
| Roof | Flat |
| Stories | 3 |
| Style | Other |
| 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
- 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
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