Multi-Family Investment Property Asking 7.05% Cap

2877, West 20th Street, Coney Island, Brooklyn, New York, 11224, USA
$1,249,000

Description

Located in the heart of Coney Island, on West 20th Street between Mermaid Ave and Neptune Ave. This property is conveniently located next to the D,F,N and Q subway lines. It has high return on investment with a potential for income growth.

Property Documents

Detail

  • Price: $1,249,000
  • Building Size: 3000 SF
  • Lot Size: 2352 SF
  • Year Built: 1901
  • Property Type: Multi-Family
  • Property Tax Amount: $8,700
  • Block: 07019
  • Lot: 0055
  • Zoning: C1
  • Annual Income: 110193.48
  • Total Expenses: 22080
  • NOI: 88113.48
  • Cap Rate: 7.05 asking
  • Address: 2877 West 20th Street
  • City: Brooklyn
  • State/County: New York
  • Zip/Postal Code: 11224
  • Neighborhood: Coney Island
  • Country: United States

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