HUGE 2 FAMILY TOWNHOWS AND/OR DEVELOPMENT OPPORTUNITY (East Flatbush) $849999 3200ft2

3200ft2 available jan 26

townhouse
license info: City Express Realty

We are pleased to present this remarkable investment and/or development opportunity. This is a huge 3,200 Sq. Ft. 2 family detached house + full basement and detached garage situated on 27’x100′ Lot. It has two large apartments of 5 and 6 bedrooms with 2 full bathrooms each, 15 total rooms count. The property is in excellent condition. Tenants pay their own heat and hot water. Current GAI is $69,240, Total Annual Expenses $9,962, NAI $59,278, CAP rate 6.77. The property is within R6 zoning, which means that residential FAR 3.0, mix of community facility and residential FAR 4.0, or community facility FAR 4.8, with buildable 8,100; 10,800; 12,960 Sq. Ft. respectfully. This property is a must have either you investing or going to take advantage of the zoning and built on it

  • do NOT contact me with unsolicited services or offers

post id: 6096353968

posted: 2017-04-20 11:16am

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