302 East 46th Street, Brooklyn, NY 11203

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$1,400,000 Sold Price
Sold on 3/15/2022
 
Listing ID 10999261
Property Type Multi-Unit (5+)
County Kings
Township Brooklyn
Neighborhood Little Caribbean
Total Tax $14,870
FEMA Flood Map fema.gov/portal
Year Built 1931
Virtual Tour
Well maintained detached 6 family brick building 24 x 82 on a 40×100 lot, great for any investor who is looking for a building that is producing and is turn key. This building is featuring (5), two bedroom apartments and (1), one bedroom apartment, plus a full finished basement with a two car garage, private driveway for about 4 additional cars. A New heating unit, new roof (flat rubber), upgraded electric, pointed bricks, finished basement. The current roll is $93,888k with room for increases.This does not include any parking income. All apartments is leased which will be expiring this year, except for the current vacant 2 bedroom apartment (2F). This Building is a solid investment on a quite block close to SUNY Downstate Hospital, King's County Hospital and Kingsbrook Medical Center. Walking distance from the B46 on Utica Avenue and the B35 on Church Avenue also minutes from the 2, 4 and 5 Trains. Lots to see. Come make an appointment and make an offer.
Property Details
  • 6 Full Baths
  • 5904 SF
  • 4000 SF Lot
  • Built in 1931
  • 3 Stories
  • Available 6/08/2021
  • Full Basement
  • Lower Level: Finished, Walk Out
  • Renovation: The owner has constantly update each unit every year.
Unit Information
Unit #1 – Rent Price: 850, Bedrooms: 2, Full Baths: 1, Occupied
Unit #2 – Rent Price: 1214, Bedrooms: 1, Full Baths: 1, Occupied
Unit #3 – Rent Price: 1800, Bedrooms: 2, Full Baths: 1
Unit #4 – Rent Price: 1725, Bedrooms: 2, Full Baths: 1, Occupied
Unit #5 – Rent Price: 945, Bedrooms: 2, Full Baths: 1, Occupied
Unit #6 – Rent Price: 1557, Bedrooms: 2, Full Baths: 1, Occupied
Interior Features
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Steam Radiators
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Rubber Roof
  • Attached Garage
  • 2 Garage Spaces
  • Municipal Water
  • Street View
  • Near Bus
Commercial Info
  • 6 Parking Spaces
  • 5% Cap. Rate
Income/Expenses
  • Gross Income $97,091
  • Net Income $74,334
  • Heat Exp $4,000
  • Water Exp $1,500
  • Total Exp $22,757
  • Paid by Landlord: Heat, Water, Cleaning, Insurance, Struct. Maint., Ground Maint.
Taxes and Fees
  • $14,870 Total Tax
Sale Information
  • Sold on 3/15/2022
  • Sold for $1,400,000
  • Buyer's Agent: Conrad Higgins
  • Company: Higgins Realty Group
Previously Listed By
HIGGINS REALTY GROUP LLC
Office: 347-533-4832
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