814 44 ST Active Save Request In-Person Tour Request Virtual Tour
Sunset Park,NY 11220
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,100 sqft
Price per Sqft $234
MLS Listing ID H6295774
Bedrooms 14
Full Baths 9
Originating Board onekey
Rental Info No
Year Built 1931
Annual Tax Amount $22,703
Lot Size 2,613 Sqft
Acres 0.06
Property Description
LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW 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, 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 NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,289 (updated 6/19). N.O I. = $101,262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.
Location
State NY
County Brooklyn
Rooms
Basement Full,Walk-Out Access
Interior
Heating Natural Gas,Hot Water
Cooling None,Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Garage On Street
Fence Back Yard
Parking Type On Street
Garage false
Building
Lot Description Level,Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Call Listing Agent
Middle Schools Call Listing Agent
High Schools Call Listing Agent
School District Brooklyn 14
Others
Senior Community No
Special Listing Condition None