1774 63rd Street

Introducing a money maker!!! Solid brick building in prime Bensonhurst area. It features five 2-bedroom units and one 1-bedroom unit. Unit #1F, 2F, 2R, 3F & 3R have upgraded kitchens and unit 2R & 3R have upgraded bathrooms, four years old roof. The basement could be converted to a commercial space for additional monthly income in the future. Gross annual income is $99,300, current total expense is $24,750, net $74,550, return CAP rate is close to 5%. It is a half block away from 18th Ave shopping/business district, all kinds of restaurants, shops and major banks are nearby. N-train 18th Ave subway station is right on the corner. Don't miss the opportunity to own a piece of property in Brooklyn, NYC.