Brooklyn, NY 11220,5706 7th AVE
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$ 4,500,000
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Price Dropped by $380K

5706 7th AVE Brooklyn, NY 11220


UPDATED:

12/11/2024 03:30 PM

Key Details

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 484448

Annual Tax Amount $24,295

Property Description

Location, Location, Location. 7-family plus one store mixed-use building in the heat of Sunset Park. Lot size: 25x100, Building size: 25x75. Zoning: R7A, C2-4. Finished basement. Each apartment features three bedrooms and one living room, with separate gas and electric meters. Current rental income: $229,000/year. Expenses: $40,475/year. Net income: $190,000/year. Great investment potential.

Location

State NY

County Kings (brooklyn)

Area Sunset Park

Zoning R7a

Rooms

Basement Finished

Interior

Interior Features Other

Hot Water Gas

Heating Gas

Flooring Tile

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Building

Story 4

Foundation Block

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash


Listed by E House Realty & Mgt. Inc.

Lisa Jackson

Licensed Real Estate Broker | License ID: 10311202274

+1(917) 623-8985

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5706 7th AVE