2047 78th Street, Brooklyn, New York 11214

$1,449,000
12
BD
5,600
SqFt

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List Price
$1,449,000
Price Change
▼ $1,000 1789428421
Status
ACTIVE
MLS#
504087
Bedrooms
12
Full-baths
6
Sq. Ft
5,600
Year Built
1924

Property Description

Welcome to this excellent 6-family brick investment property located in the heart of Bensonhurst, Brooklyn. The property features six spacious two-bedroom apartments, providing a strong and consistent income stream. In addition, the building offers two separately rented basement storage areas, creating additional income potential. The property currently generates approximately $11,230 per month in gross rental income, or $134,760 annually. Annual expenses are approximately $45,100, resulting in an estimated NOI of $89,660 and a 6.18% cap rate.. The building is well positioned near shopping, restaurants, public transportation, and the vibrant 86th Street commercial corridor. A strong opportunity for investors seeking a stabilized multifamily asset with additional income and future upside. Serious investors are encouraged to inquire for additional financial details.

Additional Information

Style
Other
Stories
3
Lot Size
2,667
Flooring
Carpeting, Ceramic, Granite, Hardwood
Basement
Cellar, Full
Heating
Electric, Gas

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of GW Realty Inc..