814 44th Street, Brooklyn, (Sunset Park), NY, 11220
14 beds
9 Full baths
1931
Multi Family
8,100 sqft
LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase with wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking Manhattan skyline & a back yard area. GROSS POTENTIAL RENT = $175,445. NET OPERATING INCOME = $101,262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.
Status:
Active
Town:
Brooklyn
Type:
Multi-family
Units:
9
Garage:
On Street
Heating:
Natural Gas, Hot Water
Cooling:
None, Window Unit(s)
Basement:
Full, Walk-Out Access
Acreage:
0.06
Est. Taxes:
$22,703
Assessment
$1,298,000
Construction
Brick
Lot Description:
Level, Near Public Transit
Elementary School:
Call Listing Agent
Middle School:
Call Listing Agent
High School:
Call Listing Agent
School District:
Community District 14
MLS #:
H6295774
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of Keller Williams Realty NYC Grp (718) 697-6800