Newly renovated 12 family building in with a current rent roll of $164K. Approx. expenses are $31K. Upgrades include, a brand new roof (2010) and water tank (2010). There is an assignable mortgage of approx $711K through Chase. There are 12 apartments, including 6 one bedroom apts and 6 two room studio apts, only one apt is rent stabilized. Very good investment at less than 8x the rent roll.

Building type: Semi-Detached

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300 Lincoln Rd, Brooklyn, NY 11225

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