814 44 STREET

Sunset Park, NY 11220
$1,900,000
14 beds | 9 baths | 0.06 acres | #H6295774

Description

LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase, wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,289 (updated 6/19). N.O I. = $101,262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.

  • Interior Details
    • Heating & Cooling
      • Cooling:None, Window Unit(s)
      • Heating:Natural Gas, Hot Water
    • Beds & Baths
      • Bedrooms:14
      • Bathrooms:9
      • Full Baths:9
  • Property Details
    • Property
      • Lot description:Level, Near Public Transit
    • Measurements
      • Acres:0.06
    • Parking
      • Parking features:On Street
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:1931
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Community features:Park, Near Public Transportation
    • Location
      • School district:Brooklyn 14
      • Elementary School:Call Listing Agent
      • Middle School:Call Listing Agent
      • High School:Call Listing Agent
      • County:Brooklyn
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 100, 000
      • Taxes annual:$22, 703
  • Other
    • Source
      • MLS #:H6295774

Location

Keller Williams LandmarkAsk Vinny Thompson team
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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