864 59th Street
Sunset Park
Ownership
Mixed Use
Lot Size
20'x100'
Status
Active
Building Size
20'x90'
ASF/ASM
4,986/463
Property Description
Prime Location in Sunset Park, Busy high traffic area newly rebuilt gut renovated from ground up legal 5 family with storefront & basement. storefront/Office/ Storage "Accessory" Not included in Cap Rate! Totally rebuilt in 2009-2010 new construction- Huge five residential apartments, first floor 4 bedrooms & 2 full baths & 2 balcony! Lots of closet space, Spx residential size 1162 sq ft with high ceiling! New kitchen bathroom, floors too much to say! Month to month occupancy! Newly renovated Storefront 1940 sq ft with full finished basement with high ceiling & bathroom with its separate entrance & boiler! Apartment size 20 x 58 lot size 20 x 100. R6 S2 zoning. Storefront newly renovated-tenant lease - paying $ 6300/month. Projected Cap rate 6% with many upsides potential APX Projected $276000 yr income! All market values! Near 8th Or 9th Avenue shopping corridor, all train, restaurant & much more!
Prime Location in Sunset Park, Busy high traffic area newly rebuilt gut renovated from ground up legal 5 family with storefront & basement. storefront/Office/ Storage "Accessory" Not included in Cap Rate! Totally rebuilt in 2009-2010 new construction- Huge five residential apartments, first floor 4 bedrooms & 2 full baths & 2 balcony! Lots of closet space, Spx residential size 1162 sq ft with high ceiling! New kitchen bathroom, floors too much to say! Month to month occupancy! Newly renovated Storefront 1940 sq ft with full finished basement with high ceiling & bathroom with its separate entrance & boiler! Apartment size 20 x 58 lot size 20 x 100. R6 S2 zoning. Storefront newly renovated-tenant lease - paying $ 6300/month. Projected Cap rate 6% with many upsides potential APX Projected $276000 yr income! All market values! Near 8th Or 9th Avenue shopping corridor, all train, restaurant & much more!
Listing Courtesy of Efocus Team Real Estate Inc
Care to take a look at this property?
Apartment Features
Hardwood Floors
Building Details [864 59th Street]
Ownership
Mixed Use
Block/Lot
5707/33
Building Size
20'x90'
Lot Size
20'x100'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Maria Castellano
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 495538