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Bright & Sunny 4-story 100 foot corner walk up apartment building with 42 residential units. 4% ROE=Return on Equity Now & 10% Projected Future ROE 6% ROE to Self Managed Buyer & 13% Projected Future ROE Self Managed $4,530,000 Projected Profit If Buyer Converts to Condominiums After Return of Purchase Price
Large TWO FAMILY detached building plus finished basement plus finished livable attic PLUS garage and yard. Property size 30'x100' building size 22'x65'. Total sq. ft 2,860 Stories 2.5 Separate entrances from both sides of the building. Main staircase for second floor and side staircases for second and attic. Parquet floors, NEW roof, new boiler, new electricity etc.
Prestigious "Nicolosi Drive" is a Exclusive Oceanfront Private Community, This spectacular builders own Estate was Truly Custom built. When its the builders own home, "Only the finest will do". If he didn't settle for less why would you !!! Situated on the finest 17,000 sq ft premier oversized corner lot which sits on Arbutus lake. Watch the wildlife and sunset with unparallel breathtaking view from the numerous balconies. A true feeling of resort-style living. This home features a grand two story entrance, 5 bedrooms 5 bathrooms, 7000 square feet of luxury. Spectacular oversized center-isle gourmet chef's kitchen, with 2 additional kitchens. One being the summer kitchen which overlooks the pool & lake. This is truly a must see !!!
Corner 2 Family Semi detached/Full Basement/Driveway Parking 3 cars/Close to Transportation and the new Canarsie Plaza.
2203 Avenue X - Sheepshead Bay, New York 2203 Avenue X Great Investment! This mixed-use property is in excellent condition located in a great location in Sheepshead Bay on Avenue X and E 22nd Street. Surrounded by thriving retail with restaurants and Deli's. The property has 2 rental units over retail store and commercial rented basement space. All apartments completely renovated with oak floors and brand new kitchen and baths. The building is a turn-key investment property with tenants in place. Perfect for 1031 exchange buyers!! 6.5% Cap Rate. This listing courtesy of Douglas Elliman
With a quality mix of apartments which offer a comfortable amount of living space, ease of transportation, proximity of the hospital, shopping and accessory roads has helped 211 Bement stay in high demand as a rental property. 80% of residents have been in building over 3 years, this property offers a turnkey scenario for the value investor at a compelling 7.5% cap rate. Room for growth with rent expansion, solid ROI.
Large Single Family brick home with an Over-sized lot located in the hottest area of Midwood!! This property could be your dream home!! A Must See!! It is a legal 2 family brick home being used as a Single Family home. Features: 2 living room, 2 kitchens, 4 Bedrooms, Study room, 2 Full bath and Full Finished basement with separate entrance. Private driveway with detached garage & 5 car spaces. Wont last in this strong market!! Lot Size: 41.58' X 145. Lot: 6158 SF. Building Size: 26' X 69'. Building: 3536 SF. Year Taxes: 9261. Year Built: 1925. Zoning: R5
RARE GEM IN PRIME BENSONHURST! BEAUTIFUL DETACHED 2 FAMILY HOME WITH 40X100 LOT! GREAT FOR INVESTORS & BUILDERS! A MUST SEE! 1ST APT: 20X50 IRREGULAR - LR, DR, KITCHEN, 1 BDRM, DEN, 1 BATH. 2ND APT: 20X30 IRREGULAR - LR, EIK, 1 BDRM, DEN, 1 BATH. FULL FINISHED BASEMENT. PRIVATE DRIVE WAY. 2 CAR GARAGE & 5 SPACES. LARGE OUTDOOR PATIO & A BEAUTIFUL YARD. 8 YEAR OLD ROOF, 5 YEAR OLD BOILER, EXTERIOR OF THE HOUSE UPDATED. ZONING & LOT SIZE CAN ALLOW LARGER HOME. WONT LAST! YR TAX: 4,796. ZONING: R5.
152 29th Street is located between 3rd and 4th Avenue in the Greenwood Heights section of Brooklyn, New York. The subject property holds ten rent-stabilized apartment units. It consists of two separate buildings, a four-story walk-up made up of three -two bedroom and five-one bedroom units built 22 feet by 54 feet in the front; and a 25 foot by 25 foot carriage house in the rear with two-two bedroom units. The property stands on a 25 foot by 100 foot M1-2D zoned lot (Block: 00668 Lot: 0028). 152 29th Street offers investors the unique opportunity to purchase a well maintained building with below market rents and to capitalize on the area's strong and steady growth in apartment rents by increasing the building's rent roll moving forward.
***Principals only. No brokers please.*** Two 8-Unit Properties Building Dimensions: 25 x 51 Building Size: 9,800 sqft Lot Dimensions: 25 x 125 Lot Building Size: 3,071 sqft Zoning: M1-2D Great long term investment. Ideal for 1031 exchange candidates. Contact me for financials and/or to set up viewings.