66 Patchen Avenue, Brooklyn, NY 11221

$3,180,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,180,000
Status
ACTIVE
MLS#
1011513
Year Built
1931
Days on Market
94
Style
Mid Rise
Acres
0.07
County
Brooklyn
City Orig
Brooklyn
Lot Size
3000

Property Description

Investor Delight! This updated 4 Story Brick 8 Unit Multi-family is between Bushwick & Bedford Stuyvesant near J & Z subway station. It contains 22 bedrooms and 13 bathrooms, all occupied with 5 free-market rent and 3 Rent Stabilized units, 5 of the free-market was Fully Gut Renovated & New Roof around 2018, also the common area was updated, new intercom system, new kitchen, dishwasher & new separate AC/Heat systems . This Is High Income Building, around 7% Cap Rate return, Yearly Income $265,640, Expenses $42,800 , and NOI $222,340. Building Size:30X73.33

Additional Information

Heating
Electric, ENERGY STAR Qualified Equipment
Cooling
Electric, ENERGY STAR Qualified Equipment, Multi Units
Appliances
Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
Sewer
Public Sewer
Elementary School
Ps 309 George E Wibecan Prep
Middle School
Madiba Prep Middle School
High School
Boys And Girls High School
Stories
4
School District
Brooklyn 16
Sq Ft
3000
Taxes
$14,579
Parking
On Street
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Xian Lin (Thomasnycre@gmail.com) from Listing Office: Sany Realty Group LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.