2047 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 and a 6.18% cap rate.. 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. Serious investors are encouraged to inquire for additional financial details.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,449,000 |
| No. of Units: | 7 |
| Year Built: | 1924 |
| Lot Size: | 5,600.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $207,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 6 |
ID: 3yd-BMLSNY-504087
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