$2,999,000
754 40th Street, Sunset Park, Brooklyn, NY, 11232, USA
MLS#
3528768
Property type
Residential For Sale, Multi-Family, Multi Family
Land size
2,504 sqft (233 m2)
Bedrooms
16
Baths
8
Bathrooms
8
Total number of rooms
34
Sale price per sqm
0 $
Save Listing
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.
Property Details
Year Built:
2009
Style:
Loft Apartment
Construction:
Brick, New Construction
Appliances:
Refrigerator
Heating System:
Hot Water, Natural Gas
Cooling System:
Air Conditioning, Wall Unit
Basement and Foundation:
Finished basement
School Information
High School District:
Brooklyn 15
Elementary School:
Ps 24
High School:
West Brooklyn Community High School
Middle School:
Is 136 Charles O Dewey

Contact Me

  • Kelly Wu
  • RE/MAX Edge
  • Phone: 917-916-2368