Updated 3 hours ago
East New York, Brooklyn | Riverdale Ave & Hendrix Street
23 Rooms5 Beds6 Baths4,296 Square FeetIncome Property

$1,100,000
floors / apts3 / 6
Lot Size22'x101'
Built Size22'x76'
ZoneR5
Building TypeLow-Rise
RE Taxes$1,600
Price Per SF
$256

Property Description

Welcome to New Lots Avenue in East New York. We are proud to present this all brick 6 Family investment property consisting of 5 one bedroom apartments, and 1 studio apartment. The building is well maintained and also offers a full basement with plenty of storage space. There are currently 2 vacancies, and the other 4 apartments do not have leases. There can be an immediate increase in income and there is plenty of upside potential in this building for the next owner. Current rent roll is approximately $45K with roughly $12k in expenses. The building is ideally located on the B15 bus line, only 1 block to the 2, 3, and 4 trains, and close to shopping and restaurants located close by on Linden Blvd and Pennsylvania Avenue.

Listing History

Now
05/25/2022
$1,100,000
Initial Price by
Bergen Basin Realty
2022

Building Details

OwnershipIncome Property
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Van Siclen Av
0.11 miles
New Lots Av
0.23 miles
Pennsylvania Av
0.38 miles

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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: 72557TH