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Lisa Jackson

ljackson@rockaprop.com +1(917) 623-8985

$ 2,999,000

Est. payment -/mo

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Active

754 40th ST Sunset Park, NY 11232

16 Beds

8 Baths

2,613 Sqft Lot

UPDATED:

10/17/2024 05:19 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3528768

Style Apartment

Bedrooms 16

Full Baths 8

Originating Board onekey

Rental Info No

Year Built 2009

Annual Tax Amount $14,465

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25x100.17

Property Description

Introducing a prime investment opportunity in the heart of Sunset Park - an impressive 8-family brick house spanning 4 stories over a full and finished basement. This property features a total of 8 units, with 2 units situated on each floor. The first floor and basement are thoughtfully configured as two duplex units, each boasting 2 bedrooms, 1 bathroom, a spacious living room, a well-equipped kitchen, and a dedicated dining area. Remarkably, the basement stands out with its high 8.5-foot ceilings, providing an expansive and comfortable living space. Adding to the allure, the 4 units on the 3rd and 4th floors feature charming balconies, offering residents a private outdoor retreat. The roof is fenced for security and privacy, enhancing the overall appeal of the property. The building is equipped with 8 boilers, 8 water heaters, 8 gas meters, and 9 electric meters ensuring efficient and individualized control for each unit. Building size 25*60 over Lot 25*100. Annual property tax of $14,465. Total annual income is $210,912 and total expenses are $26,500. Net income $184,412. This property is positioned near 8th avenue Chinatown, providing easy access to shops, restaurants, banks, and more amenities. Public transport nearby (D, R, N Train and B35, B70 Buses) Don't miss the opportunity to acquire this well-maintained and income-generating asset in the vibrant Sunset Park neighborhood.

Location

State NY

County Brooklyn

Rooms

Basement Finished, Full

Kitchen 8

Interior

Heating Natural Gas, Hot Water

Cooling Wall Unit(s)

Fireplace No

Appliance Refrigerator

Exterior

Garage Off Street

Parking Type Off Street

Garage false

Building

Sewer Other

Water See Remarks

Structure Type Brick

New Construction Yes

Schools

Elementary Schools Ps 24

Middle Schools Is 136 Charles O Dewey

High Schools West Brooklyn Community High School

School District Brooklyn 15

Others

Senior Community No

Special Listing Condition None

Listed by RE/MAX Edge • 718-288-3835

Lisa Jackson

Licensed Real Estate Broker | License ID: 10311202274

+1(917) 623-8985

Lisa Jackson

754 40th ST Sunset Park, NY 11232

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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754 40th ST