74 Avenue U #5Gravesend, NY 11223
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Monthly Payment (Est.)
$7,295The property's current set-up is 5 Free Market Box units of which 3 units are occupied (all month to month) with the entire 1st floor unit completely vacant and 3R is vacant. The 1st floor can be legally converted into a Commercial Store and a Rear 1 bedroom 1 bathroom apartment. The 2nd floor and 3rd floor consist of 2 Front, 2 bedroom 1 bathroom units with 2 Rear, 1 bedroom 1 bathroom units. The projected annual income with 4 units and the 1st floor being a Commercial Store with a Rear 1 bedroom 1 bathroom unit is $119K. Taxes are $14K. Total annual expenses are $26K. The Gas boiler is about 9 years old, Water tank is about 8 years old, and Roof is about 6 years old. The property has been extremely very well maintained by proof of absolutely not having a single HPD or DOB violation. It's a 5 minute walk to for the N train on Avenue U Station and D train on 25 Avenue Station. Complete financials, photos, and virtual tours are available upon request.
14 minutes ago | Listing updated with changes from the MLS | |
2 months ago | Price changed to $1,599,000 | |
2 months ago | Listing first seen online |
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data provided is deemed reliable but is not guaranteed accurate by the MLS. Source: OneKey MLS
Last Updated: 2023-01-30 12:05 PM EST
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