Updated 7 years ago
Off Market
120 Sheridan Ave
City Line, Brooklyn | McKinley Ave & Liberty Ave
24 Rooms12 Beds6 Baths5,040 Square FeetMulti-Family
$1,299,000
floors / apts3 / 6
Lot Size24'x101'
Built Size24'x70'
ZoneR5
Building TypeLow-Rise
RE Taxes$10,284
Price Per SF
$258
Outdoor space and views
- City Views
Property Description for 120 Sheridan Ave
Just Listed is a Income Producing 6 Family Property. Located in a thriving community known as E. New York, which is one of the hottest real estate markets in Brooklyn now. This property is well kept and offers six, two bedroom apartments, coin operated washer/dryers in the basement, separate income producing storage units, separate gas/electric meters.
Close proximity to the Jackie Robinson Pkwy, Belt Pkwy, Multiple Buses, Subways, Shopping, Kennedy & La Guardia Airports, and just minutes to Downtown Brooklyn, Queens, & Manhattan.
Property Type- Legal 6 Family
No. Units- 6 Two Bedroom Apartments
Sale Type- Investment
Building Size- 5040
Building Dimensions- 24 X 70
Lot Dimensions- 24 X 101.08
Built- 1916
Zone- R5/C2
Taxes- $10,293 yr.
100% Occupied
Gross Income- $88,992.00
Expenses- $18,639.00
Net Operating Income- $66,533.00
Cap Rate- 5.1
Close proximity to the Jackie Robinson Pkwy, Belt Pkwy, Multiple Buses, Subways, Shopping, Kennedy & La Guardia Airports, and just minutes to Downtown Brooklyn, Queens, & Manhattan.
Property Type- Legal 6 Family
No. Units- 6 Two Bedroom Apartments
Sale Type- Investment
Building Size- 5040
Building Dimensions- 24 X 70
Lot Dimensions- 24 X 101.08
Built- 1916
Zone- R5/C2
Taxes- $10,293 yr.
100% Occupied
Gross Income- $88,992.00
Expenses- $18,639.00
Net Operating Income- $66,533.00
Cap Rate- 5.1
Building Details for 120 Sheridan Ave
OwnershipMulti-Family
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1916
Floors/Apts3/6
Transit and Citi Bike
Subway
Grant Av
0.23 miles
Euclid Av
0.38 miles
Crescent St
0.41 miles
80 St
0.45 miles
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.
OLR ID: 75190TH
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