814 44th Street
Sunset Park,
NY
11220
- For Sale
- NEW
- 14 Bedrooms
- 9 Full Baths
- 8100 SqFt
- Year Built 1931
- Multi Family
- ML# H6295774
Property Details
Overview
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%. FULL REPORT and INTERIOR VIDEO AVAILABLE.
Key Facts
- •SqFt: 8100.00
- •Lot Size: 0.06
- •Lot Sq Ft: 2462
- •Taxes: $22,703
- •School District#: 14
- •School District: Community District 14
- •Construction Materials: Brick
- •Garage: 0.0
- •Parking Facilities: On Street
- •Wood Floors: Yes
- •Bedroom: 14
- •Full Bath: 9
- •Heat: Natural Gas, Hot Water
- •A/C: None, Window Unit(s)
- •Water: Public
- •Sewer: Public Sewer
- •Garbage Removal: Public
- •Taxes: $22,703
- •Maintenance: $5,400
Listing Information provided courtesy of
Keller Williams Realty NYC Grp
(718) 697-6800
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS