715 Dumont Ave
Brooklyn, NY 11207
United States
Two corner, mixed-use buildings with a store and fully free market status 4-bedroom units.
10% Cap rate.
This is a mixed-use building with two stores and 10 apartments. there are nine 4-bedrooms apartment, one 2-bedrooms apartment.
The Lot size in 20X100
The building size is 20X72
Zoning R6
Taxes $15446
NOI $351K
- Extremely low taxes
- Asking cap rate nearing 10%
- Projected cap rates exceeding 12%
- Development rights available
- Desirable unit mix of all three-bedroom apartments
- Unheard-of going-in cap rate of over 9.5% in Brooklyn
Don't miss this chance to acquire a premier portfolio in one of Brooklyn's most sought-after neighborhoods. Contact us today to schedule a viewing and take advantage of this exceptional investment opportunity
VERY LOW TAX
SECTION 8 RENT ROLL
Email me for more details at vardan@avenuesny.com
Annual | |
|---|---|
| Gross Rental Income $419.784 | $419,784 |
$419,784 | |
| Taxes - $15446 | $15,446 |
| Operating Expenses - $52394 | $52,394 |
| Total Expenses – $67840 | $67,840 |
| Net Operating Income – $351.944 |
| Attachment | Size |
|---|---|
| Screenshot 2024-08-28 153607.pdf.pdf (154.57 KB) | 154.57 KB |