$2,300,000
Updated 7 years ago
Off Market

622 Chester Street

Brownsville, Brooklyn | Lott Ave & Hegeman Ave

3,800 Square FeetMixed Use

$2,300,000
floors / apts2 / 3
Lot Size25'x100'
ZoneR6
Building TypeLow-Rise
RE Taxes$5,423
Price Per SF
$605

Building Amenities

  • Voice Intercom

Property Description for 622 Chester Street

Mixed use investment brick building in the up and coming neighborhood of Brownsville, Brooklyn. Prime corner location in great condition with new mechanicals, and separate meters.Gross Rental Income - $195,600 Total Expenses- $23,823NOI - $171,777 4 apartments on the 2nd Fl currently occupied(1)3 Beds, (1)2 Beds, (1)1 Bed, and (1) Studio.Cap Rate - 7.5% !!!!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, change of concessions, 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.

Listing History for 622 Chester Street

Now
05/31/2019
TOM by Chris Otero
Corcoran
03/27/2019
$2,300,000
Initial Price by Chris Otero
Corcoran

Building Details for 622 Chester Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/3
Learn More About the Building

Transit and Citi Bike

Subway

Rockaway Av
0.44 miles

Citi Bike

Lott Ave & Rockaway Ave
0.13 miles
Hegeman Ave & Amboy St
0.13 miles

Contact Agent

Contact Agent

Chris Otero
Corcoran
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: 75819TH