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902 42nd St
Brooklyn NY 11219 US

$3,295,000

Active Listing ID 11262042
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32 bed
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16.00 Bath (16 Full)
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Other

$3,295,000

Active Listing ID 11262042
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902 42nd St Don't miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40x90 and the lot size is 40x100. All units have two bedrooms and are fully occupied, generating a gross income of 307, 353 and a net income of 208, 718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 16
  • Floor Covering: Hardwood
  • Roof Type: Flat
  • Heating Fuels: Steam

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3295000
  • unparsedaddress: 902 42nd St
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11219
  • bathroomsfull: 16
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 14400
  • livingareaunits: Square Feet
  • latitude: 40.644037
  • longitude: -73.996695
  • listagentfullname: Billy Apter
  • listagentemail: billyapter@remax.net
  • listagentkey: 3yd-NYSMLS-118785
  • listagentmlsid: 118785
  • listagentpreferredphone: 3477216599
  • listagentofficephone: 7185322000
  • listofficekey: 3yd-NYSMLS-9079
  • listofficemlsid: 9079
  • disclaimer: 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.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1928
  • yearbuilteffective: 1928
  • listingcontractdate: 2024-03-22
  • countyorparish: Kings
  • appliances: Refrigerator
  • constructionmaterials: Brick
  • flooring: Hardwood
  • heating: Steam
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 0
  • parkingfeatures: Garage
  • roof: Flat
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.9967, 40.644035
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"REMAX REAL ESTATE PROFESSIONALS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"billyapter@remax.net", "ListBrokerageCity":"BROOKLYN", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"REMAX REAL ESTATE PROFESSIONALS", "ListBrokeragePhone":"718-230-1234", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"261 4TH AVE", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"261 4TH AVE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"BROOKLYN", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"11215", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Other, Mid-rise, Multi-Unit (2-4) - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11262042/?channel=rexren", "MLSModificationTimestamp":"2024-07-15T18:24:31Z", "Neighborhoods":[{"Description":null, "Name":"Borough Park"}], "PostalCode":null, "RoomCount":128, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":62674, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:25:26 AM GMT
Source Updated Date: 11/25/2024 6:44:29 AM GMT

Courtesy of: Billy Apter, REMAX REAL ESTATE PROFESSIONALS, billyapter@remax.net

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.