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Property Address

120 Sheridan Avenue, Brooklyn (City Line), NY  11208

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Property Details

Status
Active
Town
Brooklyn
Type
Multi-family
Rooms
24
Bedrooms
12
Baths
6 full
Year Built
1916
BuildingType
Low-Rise
Cooling
None
Lot Size
24'x101'
Est. Taxes
$10,284
Days on Market
72 days
Building Access
Walk-up
Service Level
None
Built Size
24'x70'
OLR#
03823003229171

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$1,299,000

Estimated PMT - $5,036 / Mo.*

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120 Sheridan Avenue, Brooklyn, NY, New York 11208. Just Listed is a Income Producing 6 Family Property. Located in a thriving community known as E. New York, which is one of the hottest real estate markets in Brooklyn now. This property is well kept and offers six, two bedroom apartments, coin operated washer/dryers in the basement, separate income producing storage units, separate gas/electric meters.

Close proximity to the Jackie Robinson Pkwy, Belt Pkwy, Multiple Buses, Subways, Shopping, Kennedy & La Guardia Airports, and just minutes to Downtown Brooklyn, Queens, & Manhattan.

Property Type- Legal 6 Family
No. Units- 6 Two Bedroom Apartments
Sale Type- Investment
Building Size- 5040
Building Dimensions- 24 X 70
Lot Dimensions- 24 X 101.08
Built- 1916
Zone- R5/C2
Taxes- $10,293 yr.
100% Occupied

Gross Income- $88,992.00

Expenses- $18,639.00

Net Operating Income- $66,533.00

Cap Rate- 5.1

 
 

Listing courtesy of KWNYC Tribeca