902 42nd Street
$3,295,000
32
16
14,400
14,400
$229
Description
Don't miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40x90 and the lot size is 40x100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.Don't miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40x90 and the lot size is 40x100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.
- Listed by Billy E. Apter • RE/MAX Real Estate Professiona • Other
- Listed by Vito Angelo • RE/MAX Real Estate Professiona
Amenities
- Walk Up
- Voice Intercom
- Private Outdoor Space
- Parking Included
- Lowrise
LISTING UPDATED: 11/15/2024 03:17 PM
Property Details for 902 42nd Street
Status | Active |
---|---|
MLS ID | 479190 |
Days on Market | 342 |
Taxes | $62,674 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 0.0 |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1928 |
Lot Size | 4,017 SF / 40' x 100' |
County | Kings County |
Building
Building Information for 902 42nd Street
Stories4Residences16Year Built1928Building Size40' x 90'Building Sq. Ft14,400 SFLot Size4,017 SF / 40' x 100'Building Age-Building Type-
Property Information for 902 42nd Street
Property History for 902 42nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 902 42nd Street
Taxable ValueLand$54,000Additions$485,100Total$539,100
Home Facts
Total Finished SqFt14,400 SqFtLot Size4,017 SqFtYear Built1928ZoningR6APN3055950009
Schools near 902 42nd Street
This home is within Nyc Geog District #15 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 10 to 12 | |||
Public - | PK to 4 |
Rating | School | Distance |
---|---|---|
P.S. 131 PublicPK to 5 | ||
Jhs 223 The Montauk Public6 to 8 | ||
West Brooklyn Community High School Public10 to 12 | ||
School Of Creativity-Innovation PublicPK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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