Boro Park Real Estate

902 42nd Street, Sunset Park, NY 11219

[Sunset Park Real Estate, listing number 7079128]

Description: 7079128
   Don`t miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40x90 and the lot size is 40x100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.

   Families: 16
   Bedrooms: 32
   Bathrooms: 16
   Property Type: Multi-Family
   Rooms: 128
   Built: 1928

   Price: $3,295,000


RE/MAX Real Estate Professionals
Billy Apter
Lic. Real Estate Salesperson
Office: 718-532-2000

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RE/MAX Real Estate Professionals
Vito Angelo
Lic. Real Estate Salesperson
Direct: (718)532-2000
Office: 718-532-2000

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