Prime Location in Sunset Park, Busy high traffic area newly rebuilt gut renovated from ground up legal 3 family with storefront & basement. storefront/Office/ Storage "Accessory" Not included in Cap Rate! Totally rebuilt in 2009-2010 new construction- Huge three residential apartments, each consist of 4 bedrooms & 2 full baths & 2 balcony! Lots of closet space, Average residential size 1,822 sq ft with high ceiling! New kitchen bathroom, floors too much to say! Month to month occupancy! Newly renovated Storefront 1,080 sq ft with full finished basement with high ceiling & bathroom with its separate entrance & boiler! Tenants pays own heat with new HVAC AC/Heating unit! Building size 20 x 55 lot size 20 x 80. R6 S2 zoning. Storefront newly renovated-tenant moved out -no lease - paying $ 5,000-month NNN lease. Projected Cap rate 7% with many upsides potential Projected $ 366,000 yr income! All market values! Near 8th Or 4 Avenue shopping corridor, all train, restaurant & much more!
Assessed Value is a combination of the land and additions.
2024
$16,863
(+6.11%)
$180,600
Land 12,900 +
Additions 167,700
2023
$15,892
(+0.18%)
$159,600
Land 12,900 +
Additions 146,700
2022
$15,864
(-51.55%)
$125,280
Land 12,900 +
Additions 112,380
2021
$32,744
(+110.93%)
$118,980
Land 12,900 +
Additions 106,080
2020
$15,523
(+6.42%)
$119,160
Land 12,900 +
Additions 106,260
2019
$14,587
(+10.36%)
$119,160
Land 12,900 +
Additions 106,260
2017
$13,218
$67,104
Land 9,011 +
Additions 58,093
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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