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The Highlands Current
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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
8,100
acreage
Acreage
-
open houses
Open Houses
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year built
year built
1931
full baths
Full Baths
0
half baths
Half Baths
0
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
Subdivision -
County Kings (Brooklyn)
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open houses Open houses
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MLS number: H6295774
Listing agent: Gregory Tsougranis #10301201886
Listing broker: Keller Williams Realty Nyc Group (718) 697-6800
Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, December 17 2024 at 10:18 p.m. EST
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