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754 40th Street

Sunset Park, NY 11232
  • $2,999,000
  • STATUS: Active
  • ON SITE: 144 Days
  • ID#: 3528768
UPDATED: 153 min ago
$2,999,000
  • 16
    BEDS
  • 0.06
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2009
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Introducing a prime investment opportunity in the heart of Sunset Park - an impressive 8-family brick house spanning 4 stories over a full and finished basement. This property features a total of 8 units, with 2 units situated on each floor. The first floor and basement are thoughtfully configured as two duplex units, each boasting 2 bedrooms, 1 bathroom, a spacious living room, a well-equipped kitchen, and a dedicated dining area. Remarkably, the basement stands out with its high 8.5-foot ceilings, providing an expansive and comfortable living space. Adding to the allure, the 4 units on the 3rd and 4th floors feature charming balconies, offering residents a private outdoor retreat. The roof is fenced for security and privacy, enhancing the overall appeal of the property. The building is equipped with 8 boilers, 8 water heaters, 8 gas meters, and 9 electric meters ensuring efficient and individualized control for each unit. Building size 25*60 over Lot 25*100. Annual property tax of $14,465. Total annual income is $210,912 and total expenses are $26,500. Net income $184,412. This property is positioned near 8th avenue Chinatown, providing easy access to shops, restaurants, banks, and more amenities. Public transport nearby (D, R, N Train and B35, B70 Buses) Don't miss the opportunity to acquire this well-maintained and income-generating asset in the vibrant Sunset Park neighborhood.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Data last updated: 2024-06-24T11:19:29.26.
www.thepaulaclarkgroup.com/homes/147137920
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754 40th Street Sunset Park, NY 11232

  • Price: $2,999,000
  • Status: Active
  • On Site: 144 Days
  • Updated: 153 min ago
  • ID#: 3528768
16
Beds
8
Baths
0
½ Baths
0.06
Acres
2009
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Elementary School:
Ps 24
Middle School:
Is 136 Charles O Dewey
High School:
West Brooklyn Community High School
School District:
Brooklyn 15
Property Description
Introducing a prime investment opportunity in the heart of Sunset Park - an impressive 8-family brick house spanning 4 stories over a full and finished basement. This property features a total of 8 units, with 2 units situated on each floor. The first floor and basement are thoughtfully configured as two duplex units, each boasting 2 bedrooms, 1 bathroom, a spacious living room, a well-equipped kitchen, and a dedicated dining area. Remarkably, the basement stands out with its high 8.5-foot ceilings, providing an expansive and comfortable living space. Adding to the allure, the 4 units on the 3rd and 4th floors feature charming balconies, offering residents a private outdoor retreat. The roof is fenced for security and privacy, enhancing the overall appeal of the property. The building is equipped with 8 boilers, 8 water heaters, 8 gas meters, and 9 electric meters ensuring efficient and individualized control for each unit. Building size 25*60 over Lot 25*100. Annual property tax of $14,465. Total annual income is $210,912 and total expenses are $26,500. Net income $184,412. This property is positioned near 8th avenue Chinatown, providing easy access to shops, restaurants, banks, and more amenities. Public transport nearby (D, R, N Train and B35, B70 Buses) Don't miss the opportunity to acquire this well-maintained and income-generating asset in the vibrant Sunset Park neighborhood.
Exterior Features

Architectural Style Apartment Attached Garage YN No Construction Materials Brick Cross Street 7th Ave Parking Features Off Street Property Attached YN No

Interior Features

Appliances Refrigerator Basement Details FinishedFull Common Walls No Common Walls Cooling Wall Unit(s) Cooling YN Yes Fireplaces Total 0 Heating Natural GasHot Water Hot Water Gas Stand Alone Number Of Kitchens 8 Rooms Total 34

Property Features

Inclusions A/C UnitsPellet StoveRefrigerator Lease Considered YN No MLSArea Minor 13 New Construction YN Yes Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 8 Property Sub Type Multi Family Senior Community YN No Sewer Other Tax Annual Amount 14465 Tax Annual Amount1 14465 Water Source See Remarks

Listing courtesy of Kelly Wu of RE/MAX Edge: 718-288-3835
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Data last updated: 2024-06-24T11:19:29.26.
 
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