Featured for sale is a 6 unit, 5 family package located in the heart of East New York. The property features 5 residential units all free market rents, 3 of which are 4 room, 2 bedroom units, 2 are 3 room one bedroom units, in addition to a retail deli unit. It has great curb appeal. Heat is paid by the landlord but, there are individual gas and electric meters for each apartment and store. Rents are under market with plenty room for upside. 7 cap rate at current rent. Store leased till 7/31/2024 5% annual increases.
Sold for $1,335,000 on 12/15/22
$1,335,000
690 Linwood St, Brooklyn, NY 11208
--beds
0baths
3,500sqft
Mixed Use
Built in 1915
-- sqft lot
$1,112,000 Zestimate®
$381/sqft
$2,947 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total interior livable area: 3,500 sqft
Property
Lot
- Size: 1,742 sqft
Details
- Parcel number: 040660039
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- Year built: 1915
Utilities & green energy
- Electric: Circuit Breakers, 220 V
Community & neighborhood
Location
- Region: Brooklyn
Other
Other facts
- Flooring: Hardwood
- Property Sub Type: Mixed Use
- Property Type: Mixed Use
- Roof: Rubber
- Basement Amenities: Full, Semi-Finished
- Borough: Brooklyn
- Electric: Circuit Breakers, 220 V
- Heat Delivery: Steam/Radiator
- Heating Fuel: Oil
- Hot Water: Oil
- Construction Materials: Brick
- Exterior: Brick Face
- Zoning: R5
- Building Type: Semi-Detached
- Foundation Details: Block
- Ceiling Height: 8-10 Foot
- Commercial Features Exterior: Fence - Partial
- Handicap Access YNU: Unknown