Property Description

Located approximately five minutes from the subway, this legal eight-family property offers strong rental income and excellent long-term investment potential. Property Highlights: Legal 8-family building, Solid brick construction, built in 2006 Four stories Approximately 6,424 sq. ft. of building area Approximately 22 by 215 &73 ft. building dimensions Approximately 25 ft. lot frontage Each apartment features approximately 2 bedrooms and 1 bathroom Approximately 16 bedrooms and 9 bathrooms in total Full finished basement Backyard parking for approximately four vehicles Approximately six years remaining on the property-tax abatementCurrent total rental income: approximately $235,000 per year Tenants pay all utilities and expenses Easy-to-maintain all-brick construction Approximately five minutes from the subwayAn excellent opportunity for long-term rental income, portfolio expansion, or a 1031 Exchange.

Property Features

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