Commercial Income Property (Multifamily)
Listing Expired over 2 years ago
NTERESTED BUYERS (ONLY ALL-CASH BUYERS) MUST SIGN NCND AGREEMENT AND SEND POF (FROM THEIR BANK)
Great Income producer property in Bedford Ave
Crown Heights!
Asking price $800K (negotiable)
6 units (one bedroom each) rented for $940 each
Commercial space (65×20 sqf) rented for $1500
No repairs needed
Current Gross Income: $85,680
Taxes: $8,961
NOI (estimated): $64,000
Cap rate: 8%
Close to public transportation (4,5,2,3 in Frankllin Ave subway stop)
Upcoming and growing neighborhood