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20 Court Street, Stapleton, NY 10304

[Stapleton Real Estate, listing number 3311236]



Description: 3311236
   ``PACKAGE DEAL OPPORTUNITY` SEE 12 COURT ST. THIS EXCLUSIVE OFFER INCLUDES TWO WELL-MAINTAINED BRICK BUILDINGS, PLUS A BUILDABLE LOT: (SURVEY ATTACHED). BUILDING #1 HAS 16-UNIT GARDEN APARTMENTS. BUILDDING #2 HAS 8 UNITS AND A BUILDABLE LOT HAS OVER 7,000 SQ FT. THIS REMARKABLE PACKAGE GENERATES A COMBINED ANNUAL INCOME OF 751,068 AND OFFERS A CAP RATE OF OVER 8 PCT. THIS IS A RARE INVESTMENT PACKAGE IDEAL FOR DEVELOPERS OR INVESTORS SEEKING STRONG RENTAL INCOME WITH ADDITIONAL GROWTH POTENTIAL. INCOME AND EXPENSE BREAKDOWN AVAILABLE UPON REQUEST. LOT SIZE SQFT FOR 16 COURT ST. 10,000 CONSTRUCTION FOR BOTH LISTINGS: CONCRETE AND BRICKS.

Details:
   Families: 16
   Property Type: Multi-Family
   Built: 1947

Financials:
   Price: $5,600,000

 

Robert Defalco Realty
Skender Fici
Office: (718)987-7900

email: alex.fici@aol.com
provided by Brooklyn NY MLS