814 44th Street Sunset Park, NY 11220
LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase with wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking Manhattan skyline & a back yard area. GROSS POTENTIAL RENT = $175, 445. NET OPERATING INCOME = $101, 262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyBrooklyn
- Taxes$22,703
- HOA/Condo/Coop Fees$0
- Days on Site28 Days
- MLS StatusActive
- MLS ID NumberH6295774
- Home Size Source N/A
- Year Built1931
- Lot Size0.06 Acres
- Full Baths9
- Partial BathsN/A
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General Features
- Construction Brick
- Parking On Street
- Parking Spaces 0
- Sewer Public Sewer
- Basement FullWalk- Out Access
- Acreage 0.06
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Attached Garage No
Interior Features
- Cooling NoneWindow Unit(s)
- Heating Natural GasHot Water
- Flooring Hardwood
Exterior Features
- Fencing Back Yard
- Lot LevelNear Public Transit
Community Features
- Township Brooklyn
- Community Features ParkNear Public Transportation
- Senior Community No