City Connections Realty   A Better Real Estate Experience
 
City Connections
City Connections
269 Kosciuszko Street
Bedford Stuyvesant Investment Sale / Apartment Building  
ID# 92   
    
Investment Property Opportunity in Flourishing Brooklyn Neighborhood

INVESTMENT HIGHLIGHTS
*Four (3/Flex4) Bedrooms, (2) Bathroom apartments in good condition.
*Located in Bedford Stuyvesant, Brooklyn
*Situated near stores and restaurants
*Close to public transportation
*Sales comps utilizing similar properties, over the last 12 months, within a half mile radius indicate the property value to be $2.6MM

INVESTMENT OVERVIEW
The subject property 269 Kosciuszko Street, Brooklyn, NY (Block ... Lot #01781-0063) is a four story building with a yard and a semi-finished basement. Lot dimensions are 23.5 ft x 100 ft and the building dimensions are 23.5 ft x 88 ft. The property is presently configured with 3/Flex 4 bedroom apartments (1625 sf) and a 1600 sf basement. Originally the building consisted of (8) two bedroom units and could easily be reconverted to the original model Building is situated on a 2350 sf. lot The property is in good condition because of daily maintenance and periodic renovations. The roof was rebuilt in 2005 and has a 10 year transferable warrantee. The boiler was installed in 2006

Annual Expenses Electricity - $1,000
Heat - $5,000
Water ... Sewer - $1200
Taxes - $6894
Total - $14,094
 
Email this Listing to a Friend
Schedule a Viewing
Printer - Friendly Version
  LARRY GOLDSCHLAGER
O: 212-994-3255
C: 718-502-8753

EMAIL ME
MY LISTINGS
     
 
LISTING DETAILS
Address: 269 Kosciuszko Street, Brooklyn, NY 11221
Asking Price: $900,000
Approx Sqft: 8,100
Annual Revenue : $91,200
Annual Expenses: $14,094
Net Operating Income: $77,106
CAP Rate: 8.6%
 
 
 
 
     
 
City Connections
City Connections