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Key Details
Sold Price $2,400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $363
Subdivision Midwood
MLS Listing ID RLS10774295
Sold Date 06/01/22
Style Prewar
Bedrooms 14
Full Baths 8
HOA Y/N No
Year Built 1931
Property Sub-Type Single Family Residence
Property Description
This package consists of two side by side four family properties, with a shared driveway, and lots up of upside potential. Currently this property cashflows at ~2% cap rate. The proforma metrics for this property could yield and investor ~6.2% cap rate after improvements are done. This is your chance to own two adjacent free market 4 family properties.
***Properties will be delivered with tenants in place
***Please Inquire for a financial setup.
Location
State NY
County Kings
Building Detail https://bhre.com/nyc/buildings/1362-1368-e-18th-st?listingId=1096937987&sold-listing=true
Interior
Fireplace No
Exterior
Private Pool No
Building
Story 2
Others
Pets Allowed Pets Allowed
Pets Allowed Building Yes, Yes
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RLS Data display by Brooklyn Heights Real Estate