8 Bed 5 Bath Multi-family For Sale $1,450,000 3,500 sqft ($414 per sqft)
Broker: Anthony Ferraro REMAX Elite
7% cap rate. Featured for sale is a 6 unit, 5 family package located in the heart of East New York. Features 5 residential units all free market rent
...read more7% cap rate. Featured for sale is a 6 unit, 5 family package located in the heart of East New York. Features 5 residential units all free market rents, 3 of which are 4 room, 2 bedroom units, 2 are 3 room one bedroom units, in addition to a retail deli unit. It has great curb appeal. Heat is paid by the landlord but, there are individual gas and electric meters for each apartment and store. Rents are under market with plenty room for upside. Store leased till 7/31/2024 5% annual increases.
