$1,500,000
- Beds
- 2
- Baths
- 8.0
- sq ft
- 2,200
2877 W 20th St, Brooklyn, NY 11224
2877 W 20th St
New York City, NY 11224
- 33 days on market
<span>Coney Island Brick 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. stabilized units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. There is plenty of upsides in rental increases. Current Monthly income $ 11,461.00 Yearly $ 137,532.00 Income Gross Expense $ 28,568.00 CURRENT CAP RATE 7% huge backyard with additional room to build guest room! New roof, Sprinkler system, Gas Boiler (Recently Converted to gas from Oil) Stairways & many apartments are modernize & updated! 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! BRP Exclusive! Just unpack & collect rent! Actual Financials: current DHCR Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few minutes away -Near train, shopping off Neptune Avenue as well as the beach! Very well-maintained building with no violation! DHCR available - all tenant are CURRENT & pays on time</span>
Details
Property type
Townhouse
Lot size
Unknown
Price per sq ft
$682
Year built
1901
Annual property taxes
$9,192
Price History
05/30/2024
![REBNY](/_next/static/media/REBNYLogo.1891f544.png)
REBNY #RPLU-716123037445
Listed
$1,500,000
Schools & Community
Neighborhood:
Coney Island
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/02/2024 at 12:30 PM
Listing updated: 06/06/2024 at 2:43 PM
Listed by: Jean Ho, Brooklyn Real Property Inc Phone #: (718) 875-8899
MLS: REBNY #RPLU-716123037445
![REBNY logo](/_next/static/media/REBNYLogo.1891f544.png)
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