Homes for sale - 814 44 ST, Brooklyn, NY 11220

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Charlie Maione

cmaione@elliman.com +1(516) 984-5596

$ 1,900,000

Est. payment | -/mo

Save Virtual Tour

$ 1,900,000

Est. payment | -/mo

Save Virtual Tour

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYH6295774

Originating Board onekey2

Rental Info No

Year Built 1931

Annual Tax Amount $22,703

Property Description

LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW 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, 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 NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,289 (updated 6/19). N.O I. = $101,262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Full, Walk-Out Access

Interior

Heating Natural Gas, Radiant

Cooling None, Wall/Window Unit(s)

Flooring Hardwood

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features On Street

Fence Fenced

Utilities Available Trash Collection Public

Building

Lot Description Near School, Near Shops, Near Public Transit, Level

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Contact Agent

Middle Schools Call Listing Agent

High Schools Contact Agent

School District Brooklyn

Others

Special Listing Condition None

Listed by Keller Williams Realty NYC Grp

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Charlie Maione

Associate Broker

cmaione@elliman.com

+1(516) 984-5596

390 Franklin Ave, Franklin Square, NY, 11010, USA

814 44 ST Brooklyn, NY 11220

Charlie Maione

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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814 44 ST