1109 Banner Avenue Unit 1A, Brooklyn, New York 11235

$387,000
2
BD
1
BA
770
SqFt
Sold Price
$387,000
List Price
$415,000
Closing Date
Apr 13, 2022
Status
SOLD
MLS#
458193
Bedrooms
2
Full-baths
1
Sq. Ft
770
Year Built
1993
Building Name
Banner Gardens Condominiums
Maintenance Common Fee
280

Property Description

Best Investment Opportunity with potential 4.7% Return On Investment, Plus potential real estate price-increase every year! Save yourself from inflation and buy this perfect starter home! Common charge: 280/m Tax: 2987/y Total expense: 6,347/y Potential Rent roll: 2100x12=25,200 Net income: 18,853 Return on Investment: 4.7% 2 Bedroom Condo in Brighton Beach, Brooklyn situated on the first floor with a front yard. This condo features a large, open-space living room, with an open kitchen including a dishwasher, full bath, washer, and dryer. Just off the living room there is a full-sized bright bedroom with a large closet. Many windows provide an abundance of natural light throughout the apartment. The unit has low taxes (lower than last year) and monthly common charges. Your new home is conveniently located near public transportation (B/Q trains), shopping stores, restaurants, beautiful Emmons Avenue Promenade, Manhattan Beach and Brighton Beach. Why rent if you can own?

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Listing courtesy of eXp Realty BKNY. Selling Office: eXp Realty BKNY.