66 Patchen AvenueBrooklyn, NY 11221
Kings (Brooklyn) County
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
- 99
- 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
Listing Courtesy: Sany Realty Group LLC - 7187990726
Presented by: Xian Lin
Fair Housing NoticeMore listings to consider
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 275 Howard Avenue, Brooklyn, NY | $3,250,000 | — | — | 8,960 |
| 1670 Putnam Avenue, Ridgewood, NY | $3,200,000 | — | — | 5,586 |
| 2258 Atlantic Avenue, Brooklyn, NY | $3,300,000 | — | — | 5,810 |
| 2-97 St Nicholas Avenue, Ridgewood, NY | $3,300,000 | — | — | 7,260 |
