Courtesy of: James D. Orlando, J ORLANDO REALTY CO, st.jamesrealtyco@gmail.com
Courtesy of: James D. Orlando, J ORLANDO REALTY CO, st.jamesrealtyco@gmail.com
$1,950,000
|
7.00 Bath (7 Full)
|
|
Other
|
$1,950,000
606 Flatbush Avenue Prospect Park Lefferts Gardens Mixed Use building Fantastic location 7- two bedroom apartments plus 1 Retail Store on ground floor , 6 apartments are renovated with all new kitchens .& bathrooms, floors, walls windows etc. One apartment is vacant . Four apartments are decontrolled , 2 are rent stabilized, one is a preferential rent that will go to market rent at the next vacancy. Store has no lease and pays $2500.00 per year for RE Tax and $ 875 per year for water tax. There is a new central gas boiler , new hot water tank , new roof , all new windows with the new renovations . Tenants pay online. Actual Net Rent Income $131, 00 Approx 6.3 Cap . not including the vacant apartment. Potential Net Rent income $181, 000.00, 8.4 Cap Call Listing Broker to show. All Buyers MUST provide Proof of Funds before showing date.
Courtesy of: James D. Orlando, J ORLANDO REALTY CO, st.jamesrealtyco@gmail.com
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.