902 42ND ST
BROOKLYN, NY 11219

$3,295,000

32 Beds

16 Baths

14,400 Sq Ft

Status Active

MLS# 479190

Don't miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40x90 and the lot size is 40x100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.

Details for 902 42ND ST

$229 / Sq Ft

0 parking spaces

Steam/Radiator

158 Days on website

0.09 acres lot

Interior

Appliances

Refrigerator, Stove

Bathrooms Full

Bathrooms Total

Bedrooms Total

Flooring

Hardwood

Living Area

14,400 SqFt.

Building And Construction

Building Features

NONE

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1928

Exterior And Lot

Exterior Features

Brick

Lot Size Acres

0.09

Lot Size Length

100

Lot Size Square Feet

4017

Lot Size Width

Parking Features

Other

Yard

Back

Zoning

Utilities

Heating

Steam/Radiator

Heating Fuel

Gas

Hot Water

Gas

Area And Schools

City

Brooklyn

County Or Parish

Kings (Brooklyn)

Financial Info

Tax Annual Amount

$62,674

Utility Expense

1200.00

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

RE/MAX Real Estate Professiona, (718) 532-2000

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Brooklyn MLS. All Rights Reserved.