Seller represented by:
Billy E. Apter with RE/MAX Real Estate Professiona

902 42nd
  • Active
  • Multi Family

902 42nd Street, Brooklyn, NY 11219 902 42nd Get directions

$3,295,000
32 Beds 16 Baths 14,400 Sq.ft. 4,017 Acre Lot
  • StyleOther
  • Age 97 Years
  • MLS# 479190
  • Listed January 12, 2024

Overview

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.

Features

Basement

  • Full

Appliances

  • Refrigerator
  • Cooktop
  • Gas Water Heater

Flooring

  • Hardwood

Heating

  • Steam
  • Natural Gas

Fireplaces

  • Has Firepace: No

Lot

  • 0.09 acres
  • Lot Size: 4017 sq ft

Garage and Parking

  • On Street
  • Attached Garage: No

We're sorry we have no data related to schools for this listing.