1205 New York Ave

We are pleased to present this remarkable investment opportunity, a condo building, erected in 2011 with a total of 8 residential two bedrooms units, 2 parking spots and 8 storage rooms. 100 occupancy. Each apartment features HVAC system, granite counter tops, Jacuzzi tub. Tax Abetment is in for another 10 years. GAI $162,254.04, total annual expenses $ 21,400.82, NAI $140,853.22, CAP RATE 4.7. It is located in East Flatbush on the North-East corner of New York Ave and Clarendon Road. The property is being offered as a single building with free market units. This is a perfect choice for a savvy investor!!