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Off market
  • $3,321,500

    194 Nassau Ave, Brooklyn, NY 11222

    0beds
    0baths
    4,875sqft
    Townhouse
    Built in 1931
    2,500 Square Feet Lot
    $3,321,500 Zestimate®
    $681/sqft
    $5,309 Estimated rent

    What's special

    Whole building will be delivered vacant.4 Family plus Commercial space (currently being used as medical office). Lot size 25x100, Building size 25x65,- 4,875 sqft. Zoning C2-4/R6B. Mint condition. Roof was fixed 4 years ago, plumbing and electric around 11 years ago, boiler for the apartments around 14 years old, boiler for commercial space 4 years old.Projected rent for Four 2 bedroom apartments -122K annually, for the commercial space 66K annually = 188K . Projected expenses 20K that includes Property Tax of $8,500.Projected Net Operating Income $168 thousand annually. Projected Cap Rate 7.5.Excellent investment property located on one of the busiest Avenues in Greenpoint.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 4,875 sqft

    Property

    Lot
    • Size: 2,500 sqft
    Details
    • Parcel number: 026860002

    Construction

    Type & style
    • Home type: Townhouse
    Condition
    • Year built: 1931

    Community & neighborhood

    Location
    • Region: Brooklyn
    Services availability