Description
This attached, brick, four family offers many options for an end
user or investor. All units are currently occupied with a rent roll
of $64,800/year, which is under market.Potential to get 5% Cap Rate
with renovations. This property canbe delivered vacant. There have
beenupgrades to two of the four units and allmechanicals are in
working condition.Huge basement and small backyard, plus1,581SF of
unused FAR!Contact architect and/or engineer for more information
on use and opportunities to build. Building dimensions 20.5ft x
84ft, Lot 20.5ft x100ft.Built in 1930, this home has R6 zoning.
Located in culturally rich and community strong Borough Park,
residents enjoy the peace and quiet of the neighborhood while being
just steps from bustling 13thAve.Shopping, schools, houses of
worship, and Prospect Park are nearby. Close to transportation
(Ditmas Ave F and Ft. Hamilton Parkway D subway lines) and B11 and
B16 buses. Don't miss this solid investment in an area that is
experiencing exciting, new development.
Nearby Public Transportation
0.33 mi at Ditmas Av (Ditmas Ave and McDonald Ave)
0.55 mi at 50th St (50th St and New Utrecht Ave)
0.98 mi at 62nd St (61st St and 14th Ave)
