Price Reduced 10.83%


Price History

$2,299,000
1/31/2024

$2,195,000
3/29/2024

$2,050,000
4/19/2024


32 Fountain Avenue, Cypress Hills, NY, 11208

32 Fountain Avenue, Cypress Hills, NY, 11208

2018

Introducing This Money Maker Building With Cap Rate of 7%, Year Built 2018, This is Fully Detached Brick and Stucco New Construction Building Comprising of 7 Free Market Rental Units With 5 Parking Spots! The Building is Fully Tenants Occupied, and is Approximately 6,713 Square Feet. The Apartment Room Counts Are as Follows: One 3 Bedroom Unit. Three 2 Bedroom Units. Three 1 Bedroom Units. All of the Apartments Are Fully Renovated With Modern Appliances and Finishes, Including Their Own Fujitsu Split Hvac System, Hardwood Floors, Dishwashers, Granite Counter Tops, Oven, Bathtubs, Walk-in Closets, Double Pane Windows, Intercoms, and Much More. Building is Conveniently Located Near the a and J Trains, Buses, the Highland Park Community Garden, Banks, Grocery Stores, Deli's Bars, Movie Theaters, Pharmacies, Restaurants, and Other Desirable Services. Full Rent Roll Breakdowns and Expenses Will Be Provided for Interested Parties. Can't Miss the Opportunity to Own a Building WHICH IS NOT RENT STABILIZATION!!! A Must See


Status:

Active

Type:

Commercial

Units:

7

Zoning:

R5B

Heating:

Electric, Forced Air

Levels:

3

Acreage:

0.11

Est. Taxes:

$46,470

Current Use

Residential

MLS #:

3528810


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Lin Pan Realty Group LLC 516-472-8112