$1,730,000
Updated 3 years ago
Off Market

518 39th Street

Greenwood Heights, Brooklyn | 5th Ave & 6th Ave

24 Rooms12 Beds7 Baths4,815 Square FeetIncome Property

$1,730,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x69'
ZoneM1-2
Building TypeTownhouse
RE Taxes$9,250
Price Per SF
$359

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 518 39th Street

Solid Brick Building in Sunset Park for investors Great Opportunity to own 6 Family Building each unit 2 bedrooms , Living room, Eat in kitchen, full bathroom. 5 units rents Stabilizer . One unit is occupied by a family of seller 2 bedrooms will be Vacant rental market about $ 2400 plus. Monthly rent corrected about $ 10,500 long terms Excellent Tenants. Money produce let tenants paying your mortgage. Building Oil Heat landlord Provided Heat for all units. 6 Units apt meters individual . Basement Front entrance and Rear entrance high Ceiling and dry semi finished Bathroom , two office Rooms. storage ,Utilities area. Door to Backyard. Updated Roof two yrs, Boiler two yrs. CAP rate returns 6 % . Building has lots pf potential . Close to R train Station, Costco and public Transportation. Don't Miss It !!!. Expensive : Water Bill $6000 yearly , Oil Heat $12,000 Yearly, Electric for common area $1200 yearly, insurance $ 4350 Yearly, Property taxes $ 9,250 yearly .

Listing History for 518 39th Street

Now
10/31/2023
POM by Francine Reali
BHGRE-Safari Realty
10/16/2023
$1,730,000 [-$18,000] [1%]
Price Drop by Francine Reali
BHGRE-Safari Realty

Building Details for 518 39th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts3/6
Learn More About the Building

Contact Agent

Contact Agent

Francine Reali
BHGRE-Safari Realty
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: 84394TH