Courtesy of: Vito Angelo, RENAISSANCE REALTY GROUP I LLC, Vitoangelo@Remax.Net
Courtesy of: Vito Angelo, RENAISSANCE REALTY GROUP I LLC, Vitoangelo@Remax.Net
$3,295,000
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16.00 Bath (16 Full)
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Other
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$3,295,000
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.
Courtesy of: Vito Angelo, RENAISSANCE REALTY GROUP I LLC, Vitoangelo@Remax.Net
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