466 54th Street

Coldwell Banker Reliable Commercial Division is pleased to offer 466 54th Street for sale. A seven unit multifamily property located in the Sunset Park neighborhood of Brooklyn. Projections: $94,500 Gross Income, $73,673 Net Income, 5% Cap Rate, 2,700 SF 3 story building on a 19.75 ft x 100.17 ft lot. 7 apartments, 5 two bedrooms, 2 Studios, Free market rents. Apartment 2F to be delivered vacant.Between 4th & 5th avenues, major retail corridors. Walking distance to the N & R train, B9 & B63 Buses. Easy access to I-278, Prospect Expressway and the Belt Parkway. Near Sunset Park, the park features stunning views, a state-of-the-art swimming pool, green fields, pedestrian walkways, a sand volleyball court and a recreation center.