$2,000,000
Updated 3 years ago
Off Market

4202 Manhattan Ave

Sea Gate, Brooklyn | Laurel Ave & Cypress Ave

18 Rooms10 Beds6 Baths3,300 Square FeetMulti-Family

$2,000,000
floors / apts3 / 3
Lot Size50'3"x100'
Built Size30'x40'
ZoneR3-1
Building TypeHouse
RE Taxes$9,702
Price Per SF
$606

Building Amenities

  • Voice Intercom
  • Driveway
  • FIOS
  • Laundry Room

Property Description for 4202 Manhattan Ave

Investment Opportunity in Seagate, Brooklyn, NY - Secure a Luxurious Residential 8%+ Cash on Cash return Cash Cow now! Are you an investor seeking a lucrative opportunity, or a first-time home buyer looking for a smart investment? Look no further! This impressive residential property in the sought-after neighborhood of Seagate, Brooklyn, NY, offers a fantastic opportunity to achieve over 8% net return on your investment. Ideal for homeowners looking to upsize and capitalize on a potential cash cow investment, this property boasts a range of rental units with a track record of excellent cash flow. All tenants pay the rent on time. Can be delivered vacant or with tenants. The property offers ample parking space, accommodating up to 5 cars in front of the house. Please note that there is no driveway or garage on the property. Net Operating Income: After deducting the confirmed expenses from the gross income, you can expect a solid 8%+ net operating income that makes this investment a fantastic opportunity for investors and homebuyers alike. Don't miss out on the chance to secure a luxurious residential cash cow in Seagate, Brooklyn, NY. Contact us today to schedule a viewing and explore this impressive investment opportunity firsthand. Act quickly, as this property won't stay on the market for long!

Listing History for 4202 Manhattan Ave

Now
11/12/2023
POM by Alexander Gurevich
eXp Realty BKNY
10/11/2023
$2,000,000 [-$200,000] [9.1%]
Price Drop by Alexander Gurevich
eXp Realty BKNY

Building Details for 4202 Manhattan Ave

OwnershipMulti-Family
Building TypeHouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/3
Learn More About the Building

Contact Agent

Contact Agent

Alexander Gurevich
eXp Realty BKNY
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: 92016TH