Boro Park Real Estate

1392 East 18th Street, Midwood, NY 11230

[Midwood Real Estate, listing number 3338029]



Description: 3338029
   A rare fully vacant 6-family in the heart of Midwood â?? set your rents at market rate from day one. Built in 2007 on a 30x100 lot, this well-maintained brick building offers a diversified unit mix of four 1-bed/1-bath apartments and two oversized 4-bed/2.5-bath duplexes, with hardwood floors throughout, full kitchens, on-site laundry, and three private rear parking spots. Projected gross income of $211,200/year (~8.4% gross yield) with no inherited leases, no holdovers, and no below-market rents to work through. Modern 2007 construction means lower capital expenditure and cleaner books from the start. Ideal for 1031 exchange buyers, multifamily investors, or an owner-occupant ready to live in one of the large duplexes while collecting income from five units. We have all floor plans. reach out to request.

Details:
   Families: 6
   Bedrooms: 13
   Bathrooms: 9
   Property Type: Multi-Family
   Rooms: 13
   Built: 2007

Financials:
   Price: $2,500,000

 

Ilite Realty Inc
Yujie Zhang
Office: (718)975-0555

email: baysunrealty@gmail.com
provided by Brooklyn Bd of Realtors

Visit Website     
 

Ilite Realty Inc
Yujie Zhang
Office: (718)975-0555

email: baysunrealty@gmail.com
provided by Brooklyn Bd of Realtors

Visit Website