2877 West 20th Street, Brooklyn, NY 11224

21 Photos
 
$980,000 Sold Price
Sold on 4/04/2022
2 Beds
8 Baths
2352 SF
 
Listing ID 11000246
Property Type Townhouse
County Kings
Neighborhood Coney Island
FEMA Flood Map fema.gov/portal
   
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Coney Island Brick legal 8 fam Fully renovated 8 Units / 2 one bedrooms / 6 studios. ALL Free market units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. Yearly income $ 116,964 NOI $98,854 There is plenty of upsides in rental increases. Huge backyard! New roof, Sprinkler system, Stairways & many other updates! On 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! Just unpack & collect rent! Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few blocks away -Near train , shopping off Neptune Avenue! Steps to beach! Owner VERY Motivated!
Property Details
  • 2 Total Bedrooms
  • 8 Full Baths
  • 2352 SF
  • 2 Stories
  • Available 6/11/2021
Interior Features
  • 16 Rooms
Sale Information
  • Sold on 4/04/2022
  • Sold for $980,000
Previously Listed By
Brooklyn Real Property Inc.
Office: 718-875-8899
Cell: -
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