5907 4th Avenue
Property Description
Prime Location - 5907 4th Ave, Brooklyn, NY 11220. 8-family brick building, 4 stories with 2 units per floor. Each apartment features 2 bedrooms and 1 living room. R7A zoning. Building size: 26 * 80. Lot size: 26 * 61. One unit currently vacant. Conveniently located minutes from the N & R trains at 59th Street and near NYU Langone Hospital. Stable tenants and rental income with annual gross income of $117,765. Cap rate over 5%. Excellent development potential and strong investment opportunity in a highly convenient Brooklyn location.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,450,000 |
| No. of Units: | 8 |
| Year Built: | 1931 |
| Lot Size: | 6,344.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $181,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 8 |
ID: 3yd-BMLSNY-503849
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