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120 Sheridan Ave., Brooklyn, NY 11208

$1,299,000
Listing Details:
$1,299,000 Price
Townhouse Property Type
City Line Neighborhood
12 Beds
6 Baths
5,040 Approx. Sq. Ft.
$857 RET
Key Features:
Storage
Unit Laundry
Description:

Just Listed is a Income Producing 6 Family Property. Located in a thriving community known as E. New York, which is one of the hottest real estate markets in Brooklyn now. This property is well kept and offers six, two bedroom apartments, coin operated washer/dryers in the basement, separate income producing storage units, separate gas/electric meters.

Close proximity to the Jackie Robinson Pkwy, Belt Pkwy, Multiple Buses, Subways, Shopping, Kennedy & La Guardia Airports, and just minutes to Downtown Brooklyn, Queens, & Manhattan.

Property Type- Legal 6 Family
No. Units- 6 Two Bedroom Apartments
Sale Type- Investment
Building Size- 5040
Building Dimensions- 24 X 70
Lot Dimensions- 24 X 101.08
Built- 1916
Zone- R5/C2
Taxes- $10,293 yr.
100% Occupied

Gross Income- $88,992.00

Expenses- $18,639.00

Net Operating Income- $66,533.00

Cap Rate- 5.1

Listing courtesy of KWNYC Tribeca

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