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Vacant Multifamily Opportunity

Vacant Multifamily Opportunity

Vacant Multifamily Opportunity
Price
950000
Address
1895, Pacific Street, Ocean Hill, Brooklyn, Kings County, New York, 11233, USA
Country
US
Location
Brooklyn, New York
Status
For Sale
Property Type
Residential
Building Size
752 SF
Lot Size
1600 SF
Zoning
R6
Block
01338
Lot
0067
Property Tax Amount
7493
Annual Income
96000
Total Expenses
18705
NOI
77295
Cap Rate
8%
Year Built
2004
Stories
3
Residential Units
2
ERG Commercial Real Estate has been retained to arrange for the sale of 1895 A Pacific Street.  This multifamily building is located on the boarder of the up and coming Bedford Stuyvesant/ Crown Heights neighborhoods. This vacant 4 unit has the ability for immediate upside with future growth in the rental income as the neighborhood continues to grow. It is located less than half a mile from the A and C subway lines.