1262 Sterling Active Save Request In-Person Tour Request Virtual Tour
Crown Heights,NY 11213
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3529313
Style Duplex
Bedrooms 7
Full Baths 3
Year Built 1899
Annual Tax Amount $3,842
Lot Size 2,178 Sqft
Property Description
Calling All Investors, Developers, & End-Users!!! Brand New 100% Occupied 3 Unit Free Market Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/C1-3 Zoning, 6 Parking Spaces, High 8' Ceilings, Separate Meters, Gated Yard, Low Property Taxes, Motion Sensor Lights, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of Crown Heights 2 Blocks From Eastern Parkway!!! The Property Was Fully Renovated In 2023!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include USPS, UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens, AutoZone, Bank Of America, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1 (3Br. Apt.): $38,400 Ann. Lease Exp.: 9/1/24. Unit 2 (2 Br. Apt.): $30,000 Ann. Lease Exp.: 7/1/24. Unit 3 (2 Br. Apt.): $30,000 Ann. Lease Exp.: 7/1/24. Gross Income: $98,400 Ann. Expenses: Gas: $0 (Electric Only) Electric: $360 Ann. (Hallway Only) Water + Sewer: $1,250 Ann. Insurance: $2,500 Ann. Taxes: $3,841.68 Ann. Total Expenses: $7,951.68 Ann. Net Operating Income (NOI): $90,448.32 Ann.
Location
State NY
County Brooklyn
Rooms
Kitchen 3
Interior
Heating Electric,Hot Water
Exterior
Garage Off Site
Building
Sewer Sewer
Water Public
Structure Type Frame
New Construction No
Schools
Middle Schools Dock Street School
High Schools Brooklyn Academy High School
School District Brooklyn 13
Others
Special Listing Condition None