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listing
1 of 34
MultifamilyFor Sale
$2,100,000
814 44th Street
Sunset Park, NY 11220
Listed by: Keller Williams Realty NYC Grp, (718) 697-6800
MLS: OneKey MLS
14Beds
9Baths
8,100Sq Ft
Est. Mortgage
$10,940/mo

LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% 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 with 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 Manhattan skyline & a back yard area. GROSS POTENTIAL RENT = $175,445. NET OPERATING INCOME = $101,262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.

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Information courtesy of Keller Williams Realty NYC Grp is subject to verification and is not guaranteed.
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