Brooklyn Landmark Real Estate :: Kensington multi family for sale.

Kensington multi family for sale. (ID: 1427)

Description

LAYOUT: 3 – 5 Room Apts. 15 Rooms
8 – 4 Room Apts. 32 Rooms
18 – 3 Room Apts. 84 Rooms
Total 131 Rooms

DESCRIPTION:
The property is in AAA condition because:
A) 90% of the apts were renovated
B) Relatively new dual fuel steel boiler
C) New thermal-pane windows
D) New electric wiring with circuit breaker panels in each apt.
E) New mailboxes
F) Intercom systems

Condition

Renovated-good.

Miscellaneous

City: Brooklyn
State: New York
Zip: 11218
Cross Streets: E.2nd St at Ditmas Ave.
Type: Investment
Neighborhood: Kensington
Price: $5,600,000.00
Beds: 4 and more
Baths: 6 bathrooms and more
Available: ASAP
Lot Size: 100 x 125
Building Size: 100 x 107

Residential Rental Income: $529,000.00
Gross Rental Income: $529,000.00
Commercial Vacancy: $10,000.00
Fuel: $31,210.00
Real Property Tax: $44,766.00
Real Property Insurance: $14,985.00
Superintendent: $30,120.00
Water & Sever: $22,517.00
Gas & Electric: $4,079.00
Miscellaneous/Supplies: $12,000.00
Repairs & Maintenance: $10,000.00
Total Operating Expense: $179,313.00
Net Operating Income: $349,610.00