171 East 93rd Street, Brooklyn, NY, 11212

East Flatbush- Solid brick, huge semi-detached legal 4-Family building with a shared driveway, and a full, vacant basement with windows, high ceiling and separate entrances in both the front and rear of the property. There is a total of 5,100 square feet of indoor space on all 3 levels. Incredible R6 Zoning offers tremendous upside potential and possible expansion of usable square footage for the next owner of this well-kept building. The current layout is as follows: (1) 1-bedroom unit and (3) 2-bedroom units. All units are occupied, free market apartments without any leases or public subsidies. RR: $81,600. Expenses: $27,557 (incl. tax, ins., water, gas, electric). NOI: $54K (approx.). The building features 5 gas meters and 5 electric meters. Centrally located in the heart of Brooklyn, on the border of Crown Heights, East Flatbush and Brownsville. Within a short walk of 3 major hospitals (Kings County, Brookdale, and Kingsbrook Jewish) as well as the 2, 3, 4 & 5 trains. Co-Listed exclusively by Calemine & Co. Real Estate and Rosebury Realty Inc. NO COMMISSIONS PAID BY BROKERS OR SELLERS! Listing status updated daily. Call us with any questions and to schedule a showing.

Details:

Bedrooms: 7

Bathrooms: 4

Property Type: 4-Family House

Building Size: 20’ x 85’

Lot Size: 25’ x 100’

Zoning: R6

Financials:

Price: $1,125,000

Rent Roll: $81,600/year ($1,400 for the 1-bedroom unit in 1R; $2,200 for the 2-bedroom unit in 2R; the two 2-bedroom apartments in 1F & 2F each pay $1,600)

Taxes: $11,312/year (est.)

Insurance: $5,295/year (est.)

Water/Sewer: $1,600/year (est.)

Electric: $850/year (est.)

Gas: $8,500/year (est.)

Listed by: