$1,100,000
Updated 7 years ago
Off Market

418 New Jersey Ave

East New York, Brooklyn | Sutter Ave & Blake Ave

3,600 Square FeetIncome Property

$1,100,000
floors / apts3 / 6
Lot Size20'x100'
Built Size20'x60'
ZoneR6
Building TypeHouse
RE Taxes$4,255
Price Per SF
$306

Property Description for 418 New Jersey Ave

418 New Jersey Avenue is located in the heart of East New York and a Pre-War building built in 1930. All of the 6 Residential apartments are Fully occupied and the net income per year is over 7%! The closest subway to 418 New Jersey Avenue is 6 Blocks away on the 3 Line stop on Pennsylvania Avenue. Each of the 6 apartments are identical and all are Two Bedroom flats with One bathroom.

The building details are as follows:

Block: 3772 Lot: 34
Property Characteristics:
Lot Area: 2,000 sq ft (20' x 100')
# of Buildings: 1 Year built: 1930
Building frontage: 20' (Building frontage along the street measured in feet.)
# of floors: 3 Building Area: 3,600 sq ft
Total Units: 5 Residential Units: 5
Primary zoning: R6 Commercial Overlay: C1-3
Floor Area Ratio: 1.8
Max. Allowable Residential FAR: 2.43
Max. Allowable Commercial FAR: 0
Max. Allowable Facility FAR: 4.8

For access, we require 24 Hours notice.

Listing History for 418 New Jersey Ave

Now
07/29/2019
POM by Santo Rosabianca
Prestige International Realty
04/23/2019
$1,100,000
Initial Price by Santo Rosabianca
Prestige International Realty

Building Details for 418 New Jersey Ave

OwnershipIncome Property
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Pennsylvania Av
0.31 miles
Van Siclen Av
0.33 miles
Van Siclen Av
0.36 miles
Liberty Av
0.4 miles
Sutter Av
0.4 miles

Citi Bike

Sutter Ave & Sheffield Ave
0.09 miles
Blake Ave & Pennsylvania Ave
0.1 miles

Contact Agent

Contact Agent

Santo Rosabianca
Prestige International Realty
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: 75960TH