1886 W 8th St, Brooklyn, NY 11223
Listed Price: $1,100,000
Sold Price: $950,000
4 Bed / 4 Bath , 3,200 Sq Ft · Multi-Family
We are pleased to introduce this remarkable investment property 4 family solid brick building. It consists of 3 one bedroom apartments and a large studio + with full finished basement. The property is in excellent condition and 100 percent occupied. The GAI $64,197;Total Annual Expenses $16,734;NAI $47,465; CAP Rate 4 percent. The basement brings in substantial additional income not included in CAP calculation (call for details). The property is conveniently located in Gravesend area of Brooklyn, at West side of W 8th St between Ave S and Highlawn Avenue, next to all the shopping, transportation and schools. It is a perfect opportunity for the owner/user of savvy investor!!
Building type: Attached