$970,000 $1,100,000
Updated 12 days ago
Midwood, Brooklyn | Ave J & Ave K
8 Rooms3 Beds3 Baths1,404 Square FeetMulti-Family

$970,000 $1,100,000
floors / apts3 / 2
Lot Size17'x75'
Built Size17'x36'
Building TypeTownhouse
RE Taxes$4,731
Price Per SF

Listing Features

  • Gas Heat

Building Amenities

  • Second Entry

Property Description

Great Income producing property. This Legal 2 Family building in a R5 zoning consists of Two 2-bedroom apartment and One 1.5-bedroom apartment. All 3 apartment units have Living Area, Kitchen and a Full Bath. Annual Rent Roll is $64,800, 1st FL rental unit = $1900-month, 2nd FL rental unit = $1700-month, Lower Level = $1,800-month. Total Income on monthly basis = $5,400. Annual Property Taxes = $4,731. Owner pays water + Insurance. Tenants pays Gas/Heat + Electric. Separated metered units. Below Market Rents. All units are occupied. Property is within close proximity to Public Transportation (Buses and Subway) Parks, Restaurants, Schools and Shopping and Entertainment.

Listing History

$970,000 [-$130,000] [11.8%]
Price Drop by Philip Laffey
Laffey Fine Homes

Building Details

Building TypeTownhouse
Year Built1915
Learn More About the Building

Transit and Citi Bike


Avenue J
0.11 miles
Avenue H
0.4 miles
Avenue M
0.41 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: 54994TH