NY > Brooklyn
Brooklyn, NY 11235,3022 Brighton 8th ST
Brooklyn, NY 11235,3022 Brighton 8th ST
Brooklyn, NY 11235,3022 Brighton 8th ST
Brooklyn, NY 11235,3022 Brighton 8th ST
Brooklyn, NY 11235,3022 Brighton 8th ST
Brooklyn, NY 11235,3022 Brighton 8th ST
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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 1,899,000
Est. payment | /mo

6 Baths

2,961 SqFt

Save
$ 1,899,000
Est. payment | /mo
Save

6 Baths

2,961 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,961 sqft

Price per Sqft $641

MLS Listing ID 495574

Full Baths 6

Year Built 1932

Annual Tax Amount $15,000

Property Sub-Type Multi-Family

Property Description

This well-maintained building in the vibrant Brighton Beach neighborhood of Brooklyn offers a variety of unit types, providing a steady rental income stream. The property includes 8 Single Room Occupancy (SRO) units, 2 private rooms, 1 studio, and 1 two-bedroom apartment. The units generate a total monthly rent of $21,122 and a gross yearly rent roll of $253,464, with a net income of $200,200. Expenses include heat ($8,500), electric ($4,800), water/sewer ($4,800), insurance ($10,000), taxes ($15,000), and repairs ($7,000), for total annual expenses of $50,100. The building features a new roof with solar panels, new plumbing, updated electrical systems and tile throughout. The water heater and boiler are 3 years old. With a cap rate of 9.1%, this property offers a steady cash flow appealing to investors. It's conveniently located near local amenities, transportation, and the Brighton Beach community.

Location

State NY

County Kings (brooklyn)

Area Brighton Beach

Zoning R6

Rooms

Basement Finished

Interior

Hot Water Electric

Heating Gas

Flooring Tile

Heat Source Gas

Exterior

Exterior Feature Brick Face

Amenities Available NONE

Roof Type Flat

Handicap Access No

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Assumption,Bank Mortgage,Cash

Listed by Revived Residential

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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3022 Brighton 8th ST

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