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  • 528 50th Street
  • $ 2,495,000
528 50th Street Sunset Park Brooklyn NY 11220
528 50th Street Sunset Park Brooklyn NY 11220

528 50th Street

Sunset Park   |   5th Av & 6th Av

Building For Sale
$ 2,495,000
Ownership Multi-Family
Lot Size 25'x100'
Status Active
Real Estate Taxes [Per Annum] $ 18,174
Building Size 25'x89'
Year Built 1931
ASF/ASM 7,140/663
 

Photos

528 50th Street Sunset Park Brooklyn NY 11220
528 50th Street Sunset Park Brooklyn NY 11220
528 50th Street Sunset Park Brooklyn NY 11220
528 50th Street Sunset Park Brooklyn NY 11220
528 50th Street Sunset Park Brooklyn NY 11220
528 50th Street Sunset Park Brooklyn NY 11220

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
528 50th Street Sunset Park Brooklyn NY 11220

Property Description

PORTFOLIO PACKAGE DEAL: TWO BUILDINGS SOLD TOGETHER (NO SEPARATE SALES). The sale includes both [Building 1 address: 528 50th Street, Brooklyn NY 11220] and [Building 2 address: 530 50th Street, Brooklyn NY 11220]. Attention investors and/or 1031 exchange buyers! Exceptional opportunity to acquire a stable, income-producing multi-family portfolio in one of Brooklyn’s most resilient rental markets. This offering feature two separate multiple-dwelling rental buildings being sold together, delivering immediate cash flow and a reliable, low-vacancy track record. This property is part of a mandatory two-building portfolio package and cannot be purchased individually. Both properties must close simultaneously under two separate, concurrent contractual agreements. These two Multi-family investment buildings feature rent-stabilized and rent-controlled units, offering a stable and highly predictable cash flow asset. Each building has 10 individual gas meter and 10 individual electric meters. Each building has 9 apartments
PORTFOLIO PACKAGE DEAL: TWO BUILDINGS SOLD TOGETHER (NO SEPARATE SALES). The sale includes both [Building 1 address: 528 50th Street, Brooklyn NY 11220] and [Building 2 address: 530 50th Street, Brooklyn NY 11220]. Attention investors and/or 1031 exchange buyers! Exceptional opportunity to acquire a stable, income-producing multi-family portfolio in one of Brooklyn’s most resilient rental markets. This offering feature two separate multiple-dwelling rental buildings being sold together, delivering immediate cash flow and a reliable, low-vacancy track record. This property is part of a mandatory two-building portfolio package and cannot be purchased individually. Both properties must close simultaneously under two separate, concurrent contractual agreements. These two Multi-family investment buildings feature rent-stabilized and rent-controlled units, offering a stable and highly predictable cash flow asset. Each building has 10 individual gas meter and 10 individual electric meters. Each building has 9 apartments

Listing Courtesy of Momentum Real Estate LLC

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
528 50th Street Sunset Park Brooklyn NY 11220
528 50th Street Sunset Park Brooklyn NY 11220

Building Details [528 50th Street]

Ownership Multi-Family
Block/Lot 792/14
Building Size 25'x89'
Zoning R6B
Year Built 1931
Floors 4
Lot Size 25'x100'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Real Estate Broker/Owner

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: 504431