2990 Nostrand Avenue, Brooklyn, NY 11229

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$2,200,000 List Price
Off Market
 
Listing ID 10961784
Property Type Multi-Unit (5+)
County Kings
Township Kings
Neighborhood Sheepshead Bay
Total Tax $30,343
Tax ID 6792-14
FEMA Flood Map fema.gov/portal
Year Built 1925
   
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Multiple use building in the heart of Sheepshead bay. This building is a great investment property. Boasting 5 apartments each with 2 bedrooms and a storefront this building has an approximate cap rate of 4.25%. Schedule your appointment today!
Property Details
  • 7 Full Baths
  • 5100 SF
  • 2000 SF Lot
  • Built in 1925
  • 3 Stories
  • Partial Basement
  • Lower Level: Partly Finished
Unit Information
Unit #1 – Rent Price: 1750, Bedrooms: 2, Full Baths: 1, Occupied
Unit #2 – Rent Price: 1700, Bedrooms: 2, Full Baths: 1, Occupied
Unit #3 – Rent Price: 1630, Bedrooms: 2, Full Baths: 1, Occupied
Unit #4 – Rent Price: 1750, Bedrooms: 2, Full Baths: 1, Occupied
Unit #5 – Rent Price: 1630, Bedrooms: 2, Full Baths: 1, Occupied
Full Baths: 1
Interior Features
  • Steam Radiators
  • 6 Heat/AC Zones
  • Gas Fuel
  • Natural Gas Avail
Exterior Features
  • Brick Siding
  • Municipal Water
  • Municipal Sewer
  • Near Bus
  • Near Train
Commercial Info
  • Uses: Mixed Use
  • 4% Cap. Rate
  • 5 residences and 1 storefront
Income/Expenses
  • Gross Income $125,000
  • Net Income $80,000
  • Total Exp $45,000
  • Paid by Landlord: Water
Taxes and Fees
  • $30,343 Total Tax
Previously Listed By
Melissa Cosentino
PRODIGY REAL ESTATE INC
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