Price
$ 1,099,999

1886 WEST 8 ST, Brooklyn, NY 11223  
  • 4 beds
  • 4 baths
  • 3,200 sqft

1886 WEST 8 ST, Brooklyn, NY 11223  

We are pleased to introduce this remarkable investment property 4 family solid brick building. It consists of 3 one bedroom apartments and a large studio + with full finished basement. The property is in excellent condition and 100 percent occupied. The GAI $64,197;Total Annual Expenses $16,734;NAI $47,465; CAP Rate 4 percent. The basement brings in substantial additional income not included in CAP calculation (call for details). The property is conveniently located in Gravesend area of Brooklyn, at West side of W 8th St between Ave S and Highlawn Avenue, next to all the shopping, transportation and schools. It is a perfect opportunity for the owner/user of savvy investor!!

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Listing Type
Single Family
Listing ID
398568
Bedrooms
4
Bathrooms
4
House Size
3,200
Lot Size
20 x 100
Listing Status
Active
Year Built
1910
County
Kings (Brooklyn)
Full Bath
4
Floors
2
Rooms
14.0
Zoning
C2-3R
Taxes
5605.0
Listing courtesy of City Express Realty LLC
Price History
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Date Event Change Price
5/23/2016 Price change $-100,001 (-8.3%) $1,099,999
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX METRO
    9504 3rd Ave Brooklyn, NY 11209 | Phone: (718) 439-1110
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.