1885 W 8th St, Brooklyn, NY 11223

remarkable investment property 4 family solid brick building. It consists of 3 one bedroom apartments and a large studio + with full finished basement. The property is in excellent condition and 100 percent occupied. The GAI $64,197;Total Annual Expenses $16,734;NAI $47,465; CAP Rate 4 percent. The basement brings in substantial additional income not included in CAP calculation (call for details). The property is conveniently located in Gravesend area of Brooklyn, at West side of W 8th St between Ave S and Highlawn Avenue, next to all the shopping, transportation and schools. It is a perfect opportunity for the owner/user of savvy investor. Water/Sewer $ Yr: $2,889 Est. Insurance $ Yr: $1,566 Est. Fuel $ Yr: $2,806 Est. Tax $ Yr: $5,605 rent is Apt 1 $17,277 2 Apt. 2: $15,720 3 Apt. 3: $16,200 3 Apt. 4: $15,000 3