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Renovated legal 4 family with good income potential, walk to subway

A semi-detached legal 4 family Brick building located on Sterling Place off Ralph Ave in Ocean Hill Brooklyn, close to a big supermarket and the Lincoln Terrace Park. It is within reach of the C & 4 subway lines, on Eastern Pkwy & Ralph Ave. The building configured with 3 apartments of 2 bedrooms each, and 1 apartment of 3 bedrooms. It has an additional full size basement that has a coin-operated laundry and a dedicated storage space for each unit. The house is 2 story high, built 20/80 on a 25/127 lot, and has a shared driveway and private parking in the back. The zoning is R6, which allows for almost double the size of the building which is currently 3,200 sqft, not includes the basement. The building is renovated and vacant, and can be delivered fully occupied with new great tenants, with a total estimated income of about $10,000 a month. Each apartment has its own separate heat/ac, hot water, and electric & gas meters.

Lot size: 25/127

Building size: 20/80

Legal 4 family S/D Brick building +Parking

Asking: $1,949,000

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We have hundreds of properties available for showing - many of them completely renovated and vacant, ready to move in. Moreover, as part of being a R.E.B.N.Y. (Real Estate Board of New York) participant, we have access to thousands of properties all over Brooklyn, Queens, and Manhattan. No registration needed; just dive-in and search for homes! And like all our services, it is completely free!
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Brownstone King is affiliated with Massada Home Sales, Inc. located at:

389 Nostrand Ave, Brooklyn, NY 11216, Tel: 718-658-7200

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Disclaimer: This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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