Updated 4 years ago
Off Market
487 East 93rd Street
Remsen Village, Brooklyn | Willmohr Street & Linden Blvd
25 Rooms11 Beds5 Baths3,440 Square FeetMulti-Family
$1,500,000
floors / apts3 / 5
Lot Size30'x100'
Built Size21'5"x80'
ZoneR6
Building TypeHouse
RE Taxes$10,018
Price Per SF
$436
Outdoor space and views
- Porch
Building Amenities
- Voice Intercom
- Driveway
- Garage
Property Description for 487 East 93rd Street
INCREDIBLE INVESTMENT OPPORTUNITY!!!!
MULTIFAMILY FOR SALE IN PRIME BROWNSVILLE!!!!
DESCRIPTION
BROWNSVILLE ~ 5 UNIT MULTI-FAMILY ~FREE MARKET~FULLY OCCUPIED ~ BRICK WALL FACADE~DRIVEWAY~GARAGE~RENOVATED ~7% CAP RATE ~NOI ~GREAT INVESTMENT OPPORTUNITY
Every apartment in building has been fully renovated
Brand new boiler and plumbing throughout building
7% capitalization rate at asking price
Income:
Residential $ 126,012
Effective Gross Income:
$ 126,012
Expenses:
Real Estate Taxes
$ 9,457
Water & Sewer~$ 3,600
Insurance~$ 2,600
Fuel~$ 4,200
Electric~$ 750
Total Expenses:~$ 20,607
NOI: $ 105,405
RENT ROLL: PER MONTH
UNIT 1F~$2040~ 2 BEDS/1 BATH
UNIT 1R~ $1850~ 2 BEDS
UNIT 2F~$2805~ 3 BEDS
UNIT 2R~$1850~2 BEDS
BASEMENT~ $1956~ 3 BEDS
$10,501 monthly $126,012.00 annually
MULTIFAMILY FOR SALE IN PRIME BROWNSVILLE!!!!
DESCRIPTION
BROWNSVILLE ~ 5 UNIT MULTI-FAMILY ~FREE MARKET~FULLY OCCUPIED ~ BRICK WALL FACADE~DRIVEWAY~GARAGE~RENOVATED ~7% CAP RATE ~NOI ~GREAT INVESTMENT OPPORTUNITY
Every apartment in building has been fully renovated
Brand new boiler and plumbing throughout building
7% capitalization rate at asking price
Income:
Residential $ 126,012
Effective Gross Income:
$ 126,012
Expenses:
Real Estate Taxes
$ 9,457
Water & Sewer~$ 3,600
Insurance~$ 2,600
Fuel~$ 4,200
Electric~$ 750
Total Expenses:~$ 20,607
NOI: $ 105,405
RENT ROLL: PER MONTH
UNIT 1F~$2040~ 2 BEDS/1 BATH
UNIT 1R~ $1850~ 2 BEDS
UNIT 2F~$2805~ 3 BEDS
UNIT 2R~$1850~2 BEDS
BASEMENT~ $1956~ 3 BEDS
$10,501 monthly $126,012.00 annually
Building Details for 487 East 93rd Street
OwnershipMulti-Family
Building TypeHouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/5
Transit and Citi Bike
Subway
Saratoga Av
0.45 miles
Citi Bike
Linden Blvd & Church Ave
0.09 miles
Linden Blvd & E 91 St
0.12 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: 34096TH
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