Property investors search nowhere. A new built building 7 stories 2 families on each floor total 12 units. NO RENT CONTROL. 1 bedroom in the front. 2 bedrooms in the back. Approximately 9000 square footage of the building. As right now the net income is $349906 a year]. CAP RAT IS 6.6% . Plus a potential T-mobile tenant is going to rent the rooftop for installation antenas for another extra $50,000 a year. All tenants pay for their own utilities including heat and hot water. The building is built with concrete and steel. strong and solid, sound proved. No Hassle for Maintenance expensive. Excellent location. Only minutes to Manhatton by N train. It’s going to be next a PARK SLOPE
Property investors search nowhere. A new built building 7 stories 2 families on each floor total 12 units. NO RENT CONTROL. 1 bedroom in the front. 2 bedrooms in the back. Approximately 9000 square footage of the building. As right now the net income is $349906 a year]. CAP RAT IS 6.6% . Plus a potential T-mobile tenant is going to rent the rooftop for installation antenas for another extra $50,000 a year. All tenants pay for their own utilities including heat and hot water. The building is built with concrete and steel. strong and solid, sound proved. No Hassle for Maintenance expensive. Excellent location. Only minutes to Manhatton by N train. It’s going to be next a PARK SLOPE
Listing Courtesy of Tiger Realty