Updated 4 years ago
Sold
32 Fountain Ave
East New York, Brooklyn | Atlantic Ave & Wells Street
19 Rooms12 Beds7 Baths6,900 Square FeetIncome Property
$2,200,000
floors / apts3 / 7
Lot Size50'x100'
ZoneR5B
Building TypeLow-Rise
RE Taxes$57,274
Price Per SF
$319
This property was sold for $2,064,000 on 10/28/22.
Building Amenities
- Video Intercom
- Roof Deck
Property Description for 32 Fountain Ave
32 Fountain Ave
Investors Dream! Cap rate of 5.8%! Welcome to 32 Fountain Ave, a beautiful brick and stucco new construction building comprising of 7 free market rental units, and 5 parking spots! The building is 100% occupied, and is approximately 6,900 square feet.
The apartment breakdowns are as follows:
One 3 bedroom unit
Three 2 bedroom units
Three 1 bedroom units
All of the apartments are fully renovated with modern appliances and finishes, including their own Fujitsu split HVAC system, hardwood floors, dishwashers, granite counter tops, oven, bathtubs, walk-in closets, double pane windows, intercoms, and much more.
Building is conveniently located near the A and J trains, buses, the Highland Park Community Garden, banks, grocery stores, deli's bars, movie theaters, pharmacies, restaurants, and other desirable services.
Full rent roll and expenses are available for interested parties.
32 Fountain Ave
Investors Dream! Cap rate of 5.8%! Welcome to 32 Fountain Ave, a beautiful brick and stucco new construction building comprising of 7 free market rental units, and 5 parking spots! The building is 100% occupied, and is approximately 6,900 square feet.
The apartment breakdowns are as follows:
One 3 bedroom unit
Three 2 bedroom units
Three 1 bedroom units
All of the apartments are fully renovated with modern appliances and finishes, including their own Fujitsu split HVAC system, hardwood floors, dishwashers, granite counter tops, oven, bathtubs, walk-in closets, double pane windows, intercoms, and much more.
Building is conveniently located near the A and J trains, buses, the Highland Park Community Garden, banks, grocery stores, deli's bars, movie theaters, pharmacies, restaurants, and other desirable services.
Full rent roll and expenses are available for interested parties.
32 Fountain Ave
Listing History for 32 Fountain Ave
Now
10/28/2022
$2,064,000
Sold and Closed by Shabir Ahmad
Corcoran
05/06/2022
Contract Signed by Shabir Ahmad
Corcoran
Building Details for 32 Fountain Ave
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVideo Intercom
AgePost-War
AccessWalk-up
Year Built2020
Floors/Apts3/7
Transit and Citi Bike
Subway
Norwood Av
0.24 miles
Crescent St
0.29 miles
Euclid Av
0.36 miles
Shepherd Av
0.43 miles
Cleveland St
0.43 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: 82975TH
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