1627 Nostrand Ave, Brooklyn, NY 11226

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$875,000 Sold Price
Sold on 11/10/2021
 
Listing ID 10978077
Property Type Multi-Unit (5+)
County Kings
Township Kings
Neighborhood Little Caribbean
Total Tax $14,220
Tax ID 04915 & 0057
FEMA Flood Map fema.gov/portal
Year Built 1927
   
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6 UNITS 6 CAP!

Great opportunity for the END USER or to add to your portfolio. All 6 units are 2 bedrooms, 1 bathroom, kitchen and large living room. Box apartment layouts. Utilities are separately metered. Building is well maintained and in great shape. 6% CAP LRR $98,800 T&E $23,000
Property Details
  • 6 Full Baths
  • 5616 SF
  • 2350 SF Lot
  • Built in 1927
  • Renovated 2000
  • 3 Stories
  • Available 3/15/2021
  • Full Basement
  • 1404 Lower Level SF
  • Lower Level: Finished
  • Renovation: WELL MAINTAINED THROUGHOUT
Unit Information
Interior Features
  • Steam Radiators
  • Oil Fuel
  • Natural Gas Avail
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Masonry Siding
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
  • Fence
  • Street View
  • Near Bus
  • Near Train
Commercial Info
  • 6% Cap. Rate
Income/Expenses
  • Gross Income $98,800
  • Net Income $75,800
  • Insurance Exp $3,800
  • Heat Exp $3,000
  • Electric Exp $500
  • Water Exp $2,500
  • Total Exp $9,800
  • Paid by Landlord: Heat, Water, Insurance, Struct. Maint.
Taxes and Fees
  • $14,220 Total Tax
Sale Information
  • Sold on 11/10/2021
  • Sold for $875,000
  • Buyer's Agent: Ariel Spiegel
  • Company: REL REAL ESTATE
Previously Listed By
REL REAL ESTATE
Office: 516-500-7352
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