622 Chester Street, Brooklyn, NY 11212
17 Photos
 
Listed By  
Real Street Inc.
Office: 347-243-8776
 
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$2,100,000
Active for Sale
6 Beds
8 Baths
Built In 1930
 
Listing ID 10952809
Property Type Townhouse
County Kings
Neighborhood Brownsville
Year Built 1930
   
REAL STREET has been hired to exclusively represent this mixed useincome producing multi family in a up and coming Brownsville inBrooklyn, NY.The subject property is located on a busy corner with approx. 100' ofexposure and is fully leased out. The building is entirely FREE Marketand consists of 3 stores and 4 apartments.The entire building has been updated with new mechanicals and isseparately metered.Plenty of upside in this property with the ability to increase the rentson both the stores (#2&3 are under market) as well as increasing rentswith some of the apartments.Gross Rental Income: $172,044.00Annual Expenses: $13,600.00NOI: $158,444.00CURRENT RENTS:Store #1 (Papas Chicken): $4,500.00/monthStore #2 (Papas Chicken): $1,500.00/monthStore #3 (Places Bar & Grill): $1,500.00/monthApt #1: (2 bedrooms) $1,534.00/monthApt #2: (1 bedroom) $1,690.00/monthApt #3: (3 bedrooms) $2,400.00/monthApt #4: (studio apt) $1,213.00/month
Property Details
  • 6 Total Bedrooms
  • 8 Full Baths
  • Built in 1930
  • Townhouse (Apt. Type)
  • Townhouse Style
Interior Features
  • 21 Rooms
Community Details
  • Townhouse (Bldg. Style)
  • Pre War Building
Listed By
Real Street Inc.
Office: 347-243-8776
Request More Information
Listing data is deemed reliable but is NOT guaranteed accurate.
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