2047 W 78th Street
Property Description
Welcome to this excellent 6-family brick investment property located in the heart of Bensonhurst, Brooklyn. The property features six spacious two-bedroom apartments, providing a strong and consistent income stream. In addition, the building offers two separately rented basement storage areas, creating additional income potential. The property currently generates approximately $11,230 per month in gross rental income, or $134,760 annually. Annual expenses are approximately $45,100, resulting in an estimated NOI of $89,660 a 6.18% cap rate at the asking price of $1,450,000. The building is well positioned near shopping, restaurants, public transportation, and the vibrant 86th Street commercial corridor. A strong opportunity for investors seeking a stabilized multifamily asset with additional income and future upside. Offered at $1,450,000. Serious investors are encouraged to inquire for additional financial details.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Opportunity Zone: | No |
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