- Photos
- 1 of 16
Apartments For Sale • 3,800 SF
| Renovated Free Market 4 Unit Building with Basement Units in Prime Brighton Beach |
| brick semi-detached 4-family building - three spacious 2-bedroom, 1.5-bathroom units and one 1-bedroom unit, all with free market rents |
| Each unit features modern kitchens, updated bathrooms, and its own dedicated Navien boiler and tankless water heater |
| Tenants pay their own fuel and hot water, which significantly reduces operating expenses for the owner |
| The building also includes a full finished basement with strong potential to convert the property into a legal 5-family home |
| Additional upside exists with the potential to charge for parking |
| Cap Rate: | 4.67 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Grasmere (Staten Island Railway - New York MTA Subway (The Subway)) | 16 min | - | 9.1 mi |
| Clifton (Staten Island Railway - New York MTA Subway (The Subway)) | 17 min | - | 9.5 mi |
| Transit/Subway | Drive | Walk | Distance |
| Brighton Beach (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) | 1 min | 7 min | 0.4 mi |
| Ocean Parkway (Q - New York MTA Subway (The Subway)) | 2 min | 10 min | 0.5 mi |
| Neptune Avenue (F - New York MTA Subway (The Subway)) | 2 min | 13 min | 0.7 mi |
| Sheepshead Bay (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) | 3 min | 16 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| John F Kennedy International | 21 min | - | 14.9 mi |
| LaGuardia | 32 min | - | 21.7 mi |
| Newark Liberty International | 38 min | - | 24.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 2 |
| Type: | TwoCarGarage |
| Included in Rent: | Yes |
Toby Waring
Investment Property Realty Group
