Apartment building, Brooklyn, New York, USA

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Apartment building, Brooklyn, New York, USA

$3,250,000
$8,024 /m²
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  • Total area
    405 m²
  • Yield
    4.5%
  • Rental rate (m²/month)
    $28.9
Details
Property parameters
  • Leasable area: 405 m²
  • Total apartments: 6
Financial performance
  • Annual income: $139,358

Apartment building.

Description

Apartment building accommodating six vacant flats. Layouts range from studios to two-bedroom apartments.

Recent repairs include:

  • full replacement of electrical wiring
  • full replacement of plumbing
  • installation of stainless steel appliances
  • marble tile flooring in bathrooms
  • installation of integrated lighting
  • installation of smart thermostats
  • installation of granite countertops

Financial performance

The cost of the property is $ 3,250,000.

Absolute annual income is $ 148,520.

The current yield is 4.5%.

Location and nearby infrastructure

New York is a city with a population of over 8 million people, which has global significance and is the largest US economic and financial center.

Brooklyn is one of the most populous boroughs of New York, located in the western part of Long Island. It is connected to Manhattan by three bridges: Manhattan Bridge, Williamsburg Bridge and Brooklyn Bridge, which is one of the oldest in America.

The property is located in one of the fastest growing neighbourhoods of the borough, near a bus stop, a metro station and a park, and is surrounded by many shops, bars and restaurants.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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