1895 A Pacific Street

1895, Pacific Street, Ocean Hill, Brooklyn, Kings County, New York, 11233, USA
$950,000

Description

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.

Property Documents

Detail

  • Price: $950,000
  • Building Size: 752 SF
  • Lot Size: 1600 SF
  • Year Built: 2004
  • Property Type: Residential
  • Property Tax Amount: 7493
  • Block: 01338
  • Lot: 0067
  • Zoning: R6
  • Property Stories: 3
  • Residential Units: 2
  • Annual Income: 96000
  • Total Expenses: 18705
  • NOI: 77295
  • Cap Rate: 8%
  • City: Brooklyn
  • State/County: New York
  • Country: United States

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