$1,325,000
Brooklyn, NY 11214
MLS# 1146299
Status: Closed
5244 sqft
1 / 18
Property Description
Back on the market. Value-Add Opportunity! 6-unit building with (1) 1-bedroom, (4) 2-bedroom and (1) 3-bedroom apartments. All Brick, large building with high ceilings, 3 floors plus full unfinished basement and 1 parking space. Building is 5,244 sf not including basement. Building dimensions are 23x76. All units individually metered for cooking gas and electric. Landlord pays heat, hot-water, common electric and water/sewer. Lot is 30x96. R5 zoning. Taxes are $17,917 yearly. Building is Rent Stabilized. There is 1 vacant unit and 2 owner occupied units. Existing Income is $36,360 yearly. Projected Income is $86,316 yearly. Expenses are approximately $33,517 yearly. Adjacent building is available, see MLS# 1146298. Buy as package or separate.
Details
Maps
Documents
Address/Legal
Section: N/A
Contract/Location Information
List Price/SqFt: 266.97
Offered at $/SqFt: 0
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 3
Taxes: 17917
Tax Abated: No
Lot Size SqFt: 2900
Year Built Info: Approx
Lot Dim: 30x96.67
Irregular: No
Air Conditioner: Units
# of A/C Units: 0
Condition: Good
Garage Capacity: 0
# of Parking Spaces: 6
# Units: 6
Public Remarks: Back on the market. Value-Add Opportunity! 6-unit building with (1) 1-bedroom, (4) 2-bedroom and (1) 3-bedroom apartments. All Brick, large building with high ceilings, 3 floors plus full unfinished basement and 1 parking space. Building is 5,244 sf not including basement. Building dimensions are 23x76. All units individually metered for cooking gas and electric. Landlord pays heat, hot-water, common electric and water/sewer. Lot is 30x96. R5 zoning. Taxes are $17,917 yearly. Building is Rent Stabilized. There is 1 vacant unit and 2 owner occupied units. Existing Income is $36,360 yearly. Projected Income is $86,316 yearly. Expenses are approximately $33,517 yearly. Adjacent building is available, see MLS# 1146298. Buy as package or separate.
# of Heating Units: 1
Year Built: 1924
Building SqFt: 5244
Status Change Info
Projected Close Date: 2022-02-04
Pending Date: 2021-11-04
Sold Date: 2022-03-29
Sold Price: $1,325,000
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 4
Unit 1 - # Bedrooms: 2
Unit 1 - # Baths: 1
Rent/Month: 1300
Sewer
City: 1
Unit 3
Unit 3 - Level: 2
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 3
Rent/Month: 0
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 2
Unit 4 - # Rooms: 3
Unit 4 - # Bedrooms: 1
Rent/Month: 800
Unit 4 - # Baths: 1
Heat Source
Gas: 1
Unit 5
Level: 3
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Rent/Month: 0
Heat System
Steam: 1
Unit 6
Level: 3
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Rent/Month: 0
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
Carport: 1
Garage Location
None: 1
Siding
Brick: 1
Income & Expense
Gross Income: 36360
Total Expense: 0
Net Income: 0
Extras
Laundry: 1
Storage: 1
AddressLegal
Street No.: 38
Street Name: Bay 32nd
Street Suffix: Street
County: Kings
State: NY
Zip Code: 11214
Area Name: Bensonhurst
Parcel ID: 06382-0058
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2021-05-19
Sold Price: $1,325,000
Current Price: $1,325,000
Sub-Type: 6F
Zoning: R5
Block: 06382
Lot: 0058
Property Features
Electric Meters: Individual
Garage Location: None
Siding: Brick
Extras: Laundry; Storage
Gas Meters: Individual
Heat Source: Gas
Heat System: Steam
Electric: 220
Parking: Carport
Information Sheet 
Listing Courtesy of HT Realty USA, LLC
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is 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.