Beds8
Baths6
Sq.Ft.4,680
Year1925
Momentum Real Estate
(718) 382-0005
Open House: Saturday, September 23, 2023 from 12:00 PM - 2:00 PM
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Status:
Active
Property Type:Multi-Family
MLS #:474461
Sq. Feet:4,680
On Site:113 Days
Lot Size:2,000 Sq. Ft.
County:Kings (Brooklyn)
This building is a great investment opportunity. All tenants are very cooperative and are paying their rents on time. The leases will be renewed soon with a rent increment where the tenants will be paying a higher rent in the upcoming year. There are a total 6 units, 4 of them are 1 Bedroom apartment and 2 of the units are 2 bedrooms. The property generates over 100k annual rental income, expenses are approximately $900/year for electricity and $7200/year for gas. Separate electric meters and gas meters. All buyers must present proof of funds and approval letter before showing. IT WON'T LAST!
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Community Information
Address:1424 71st St, Brooklyn, NY 11228
Area:Bensonhurst
County:Kings (Brooklyn)
City:Brooklyn
Subdivision:Brooklyn
Zip Code:11228
Architecture
Bedrooms:
8
Bathrooms:
6
Year Built:1925
Stories:3
Building Type: Semi-Detached
Construction Materials: Brick
Exterior: Brick
Building Footprint Sq Ft: 1460
Building Dimension: 73.00 x 20.00
Roof: Flat
Foundation: Poured Concrete
Basement Amenities: Unfinished
Features / Amenities
Residential Features: A/C Unit, Refrigerator, Stove
Flooring: Hardwood, Tile
AC Units: 5+
Heat Delivery: Hot Water
Heating Fuel: Gas
Hot Water: Gas
Property Features
Lot Size:
2,000 Sq. Ft.
Lot Number: 17
Yard: Back
Electric: 220 V
Zoning:R5
Tax and Financial Info
Financing: 1031 Exchange, Bank Mortgage, Cash
Tax: $16,510
Fuel Expenses: $7,200
Insurance Expense: $4,000
Utility Expense: $1,200
Gross Income: $104,208
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1424 71st St Brooklyn, NY 11228
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Listing Information Last Updated 9/21/2023
Listing provided courtesy of Century 21 Realty First.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX
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The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
GeoCoordinates:
You are viewing the MLS property details of the home for sale at 1424 71st St Brooklyn, NY 11228, which includes 8 bedrooms, 6 bathrooms and has approximately 4680 sq.ft. of living area.
Home for sale at 1424 71st St Brooklyn, NY 11228.
Description: The home at 1424 71st St Brooklyn, NY 11228 with the MLS Number 474461 is currently listed at $1,488,000 and has been on the Brooklyn market for 112 days.
Description: The home at 1424 71st St Brooklyn, NY 11228 with the MLS Number 474461 is currently listed at $1,488,000 and has been on the Brooklyn market for 112 days.
GeoCoordinates:
-74.0024173
40.6207007
40.6207007
List Price:
$1,488,000
You are viewing the MLS property details of the home for sale at 1424 71st St Brooklyn, NY 11228, which includes 8 bedrooms, 6 bathrooms and has approximately 4680 sq.ft. of living area.
