66 Patchen AvenueBrooklyn, NY 11221

Description

Investor Delight! This updated 4 Story Brick 8 Unit Multi-family is between Bushwick & Bedford Stuyvesant near J & Z subway station. It contains 22 bedrooms and 13 bathrooms, all occupied with 5 free-market rent and 3 Rent Stabilized units, 5 of the free-market was Fully Gut Renovated & New Roof around 2018, also the common area was updated, new intercom system, new kitchen, dishwasher & new separate AC/Heat systems . This Is High Income Building, around 7% Cap Rate return, Yearly Income $265,640, Expenses $42,800 , and NOI $222,340. Building Size:30X73.33

Property Information

Property type

Commercial Sale

Sub-type

Multi Family

Style

Mid Rise

Year built

1931

Stories

4

Building area

8,800 Sq Ft

Lot size

0.07 acres

Days on market

108

MLS^® Listing#

1011513

Property Features

Appliances

Dishwasher · Gas Cooktop · Gas Oven · Microwave · Refrigerator · Stainless Steel Appliance(s)

Cooling

Electric · ENERGY STAR Qualified Equipment · Multi Units

Heating

Electric · ENERGY STAR Qualified Equipment

Flooring

Wood

Basement

Full · Partially Finished · Storage Space

Parking

On Street

Construction

Brick

Utilities

Natural Gas Available · Electricity Available · Electricity Connected · Natural Gas Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Ps 309 George E Wibecan Prep

Middle

Madiba Prep Middle School

High

Boys And Girls High School

Financial Details

Annual taxes

$14,579

Assessed value

$932,400

Parcel number

01627-0050

Directions

Google