401 20th Street

Spectacular opportunity to own this solid brick rent stabilized 8 Family in the most highly desired area of Greenwood Heights Brooklyn NY. The building consists of 8 one-bedroom apartments fully occupied (tenants pay their own utilities) with separate boilers. This building is well maintained with a new rubber roof, up-dated electric, plumbing ,2x hot water tanks. Each apartment has wood burning fireplaces, hardwood floors, full tiled bathrooms. The gross yearly income is $ 154,264.00 with very little expenses and it NETS $111,474.80 yearly... The property is GEM and will not last long!!!!