814 44 ST Active

Sunset Park,NY 11220

$ 1900000

14 Beds

9 Baths

8100 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,100 sqft

Price per Sqft $234

MLS Listing ID H6295774

Bedrooms 14

Full Baths 9

Year Built 1931

Annual Tax Amount $22,703

Lot Size 2,613 Sqft

Property Description

LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase, wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,289 (updated 6/19). N.O I. = $101,262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.

Location

State NY

County Brooklyn

Interior

Heating Natural Gas,Hot Water

Cooling None,Window Unit(s)

Flooring Hardwood

Exterior

Garage On Street

Fence Back Yard

Building

Lot Description Level,Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Call Listing Agent

Middle Schools Call Listing Agent

High Schools Call Listing Agent

School District Brooklyn 14

Others

Special Listing Condition None

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