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817 8th Ave MULTI-FAMILY, Brooklyn, NY 11215

Listing Details:
$4,000,000 Price
Rental Property Type
Park Slope Neighborhood
6 Beds
6.5 Baths
5,576 Approx. Sq. Ft.
$1,584 RET
Key Features:

Park Slope well maintained 8 family building for sale on 8th Avenue corner of 9th Street offered at $4,000,000. The building is convenient to transportation, Prospect Park and shopping. Park Slope is a sought-after community in the borough of Brooklyn. The annual income is $224,532 minus annual expenses $38,755 equals $185,777 net operating income with a 4.6% cap rate. Unit #1R is a 1 bedroom unit, vacant and projected rent is $2,350. 7 units are 2 bedrooms. 3 out of 7 units are renting for $3,000/mo.

Listing courtesy of Coldwell Banker Reliable Real Estate

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