195 Legion St, Brooklyn, NY 11212

Listing agent: ian: 917-280-8139. 3 Family, new construction! - Shopping nearby - School nearby - Restaurants nearby - Playground nearby - Park nearby - Near subway - Near public transit - Close to bars/nightlife - Hardwood floors - Modern bathroom - Modern kitchen - Spacious. Brownsville 5200 sqf good location new construction 3 family - near trains - huge potential! The existing 5200 sqf on a 25x100 lot might give you the potential to be converted into a 6 family check with your architect. Building has currently a huge rent roll and minimum expenses, basement will need some minor work to make into duplex, but not much work. has full basement with regular high ceilings. 1st floor has a 4-5 bedroom unit and 2 bathrooms. Projected rental income 2100 or 2800 if duplexed with basement. 2nd floor has a 4-5 bedroom unit and 2 bathrooms. projected rental income 2500. 3rd floor has 3 bedrooms and 2 bathrooms. Projected monthly income. 6700 per month or 7400 per month if duplexed. projected annual income. 80,400 or 88,800 if duplexed. expenses. has all separate utilities so only paying for the hallway approx 600 dollars per year!!! Taxes 8000 (projected 7,402.26). insurance 2400 water 3000. total expenses; 14000. projected net income; 66400 or 74800 if duplexed cap rate; 8.8 cap or 9.9 cap if duplexed. Call ian: 917-280-8139