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543 49th Street

BROOKLYN, NY 11220
  • $1,749,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 469264
Price Reduced
UPDATED: 44 min ago
$1,749,000
  • 16
    BEDS
  • 0.06
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
Area:

School Ratings & Info

Description

Presenting an 8-unit multifamily brick building comprised of 8 two-bedroom apartments. The property is located between 5th Avenue and 6th Avenue in the Sunset Park section of Brooklyn. The subject property stands 4 stories, was built in 1910, and measures 25 feet wide by 69 feet deep on a lot that extends 100.17 feet deep. The property is zoned R6B. The subject property is located five blocks away from the 53rd and 45th Street Train Station [N, R and W], providing easy access to Manhattan and the rest of Brooklyn. Long-term ownership and well maintained. First time on market in 35+ years. Attractive protective tax class 2B with restricted property tax increases. Five of the eight units are operating on a preferential rent with significant room to bring to legal rent upon vacancy/turn over. Great investment property opportunity.

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© 2023 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Citi Star Realty. Data last updated: 2023-01-29T19:00:17.377.
www.citistarrealtyinc.com/homes/134969709
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543 49th Street BROOKLYN, NY 11220

  • Price: $1,749,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 44 min ago
  • MLS #: 469264
16
Beds
8
Baths
0
½ Baths
0.06
Acres
1910
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Sunset Park
Property Description
Presenting an 8-unit multifamily brick building comprised of 8 two-bedroom apartments. The property is located between 5th Avenue and 6th Avenue in the Sunset Park section of Brooklyn. The subject property stands 4 stories, was built in 1910, and measures 25 feet wide by 69 feet deep on a lot that extends 100.17 feet deep. The property is zoned R6B. The subject property is located five blocks away from the 53rd and 45th Street Train Station [N, R and W], providing easy access to Manhattan and the rest of Brooklyn. Long-term ownership and well maintained. First time on market in 35+ years. Attractive protective tax class 2B with restricted property tax increases. Five of the eight units are operating on a preferential rent with significant room to bring to legal rent upon vacancy/turn over. Great investment property opportunity.
Exterior Features

Construction Materials Brick Exterior Brick Lot Size Length 100 Lot Size Width 25 Parking Attributes None Parking Feature None Roof Asphalt/TarFlat Yard Back

Interior Features

Basement Amenities CellarUnfinished Beds Total Level1 4 Beds Total Level2 4 Beds Total Level3 4 Beds Total Level4 4 Flooring Hardwood Foundation Details Poured Concrete Heat Delivery Steam/Radiator

Property Features

ACUnits 0 Block 775 Building Amenities Resident Superintendent Construction Type Attached Cross Street Name 6th Ave Cross Street Name2 5th Ave Electric Circuit Breakers Financing Bank MortgageCash Fuel Expense 8585.39 Gross Income 124347 Handicap Access No Heating Fuel Gas Hot Water Gas Insurance Expense 8961.30 Lot Number 68 Lot Size Irregular YN 0 Net Operating Income 64310.04 Number Of Families 8 Property Sub Type Multi-Family Property Type Residential Residential Features RefrigeratorStove Sale Type Arm's Length Tax Amount 13844.90 Transaction Type Sale Utility Expense 847.45 Zoning R6b

Listing information © 2023 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Parkview Terrace Realty: (718) 972-0700.


© 2023 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Citi Star Realty. Data last updated: 2023-01-29T19:00:17.377.
 
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1801-03 Avenue X
Brooklyn NY, 11235