Multifamily building

???? 453 42nd Street, Sunset Park, Brooklyn, NY 11232

Property Type: Multi-Family Walk-Up | Building Class: C1 | Zoning: R6B
Offering Type: Contract Flip

???? Location

Prime location in Sunset Park, Brooklyn, between 4th and 5th Avenues.

Excellent neighborhood with proximity to public transportation, shopping, dining, and Sunset Park itself.

???? Building Overview
Attribute    Details
Year Built    1914
Stories    4 floors
Total Units    8 residential apartments (2 per floor)
Layout    All units are 2-bedroom railroad-style layouts
Construction    Brick façade, flat roof
Building Dimensions    ~27 ft x 65 ft
Lot Size    ~27 ft x 100 ft (~2,671 sq ft)
Building Area    ~6,668 sq ft (some sources ~6,934 sq ft)
Basement    Unfinished, walk-out access, separate entrance
Utilities    8 separate gas/electric meters; natural gas heat
Recent Upgrades    New roof, 2 new water heaters
Features    Backyard, hallway skylight, fireplaces in some units
???? Unit Mix & Current Rents
Unit    Bedrooms    Monthly Rent    Notes
1L    2 BR    $1,400    Owner’s unit (deceased owner’s son occupying)
1R    2 BR    $209    Rent-controlled unit
2L    2 BR    $1,400    Rent-stabilized
2R    2 BR    $741.47    Rent-stabilized
3R    2 BR    $1,255    Rent-stabilized
3L    2 BR    $1,400    Rent-stabilized
4L    2 BR    $1,300    Rent-stabilized
4R    2 BR    $1,450    Rent-stabilized

Total Monthly Income: $9,396.47
Annual Rent Roll: $112,757.64

???? Operating Financials (Annual)
Expense Category    Annual Cost
Property Taxes (Acris verified)    $15,353.00
Property Insurance    $5,418.00
Water Bill    $6,495.00
Oil Bill (Heat)    $4,594.55
Electric    $893.00
Total Expenses    $27,406.55

Net Operating Income (NOI): $80,017.09

???? Investment Highlights

8-family brick walk-up in a high-demand neighborhood.

1 Rent-Controlled Unit; remainder are rent-stabilized with potential upside.

Strong in-place income: Over $112K annual rent roll with potential for growth.

Well-maintained structure with recent roof replacement and water heater upgrades.

Large 2-bedroom units (~830 sq ft each) provide long-term tenant stability.

Attractive for value-add or buy-and-hold investors.

This is vacant building in Crown Hights. 
A 19’ wide 3-unit three story building. The first floor is a two bedroom floor-through garden apartment. The second floor is a two-bedroom floor-through apartment. The third floor is a two bedroom floor-through apartment. The units have 10’ ceilings and get great sunlight. The units are individually metered for cooking gas and electric. All the meters are in the basement.
The property is a prime investment opportunity because since the units are vacant and in need of renovation an investor can renovate them and rent them as free market apartments. The units can each have their own boiler and water heater. The first floor units can be duplexed with the basement, which would give them more value

Lot Size: 19’ x 100’ 
Zoning: (FAR) R6 (2.43)
Total Buildable Sq. Ft: 4,617
Total Available Air Rights: 2,223
Real Estate Taxes: $3,331.92
Water & Sewer: $2,350.00
Insurance: $2,200.00
Heat (Gas): Tenants will pay their own.
$0.00
Electric: (common areas) $1,250
Repairs & Maintenance: $1,800.00
Total Annual Expenses  $10,931.92
Net Operating Income: $75,468.08 CAP RATE: 6.0%

Kervin

Cap rate 8.99%
Prime Real Estate is pleased to offer our exclusive listing at 5 East 124th Street in East Harlem. Built in 1909, this 4-story residential building spans 2,994±SF with 8 apartments.     Additionally, the subject property has 3,067±SF of remaining air rights. As such, the total buildable square footage is 6,054±BSF. The property is comprised of seven one-bedroom units and one Studio unit and is located near the Lenox Avenue & 125th Street station on the [2,3] trains.
contact me for more information. 
NOI $125.976
Tax $1.131

???? FOR SALE: 2-FAMILY TOWNHOUSE IN PRIME LOCATION
Investment Opportunity – Auction/Contract Flip

???? Building Class B3 | Zoned R6B

Property Highlights:

• Asking Price: $1,265,000
• Total Building Area: 1,728 sq ft
• Lot Size: 1,581 sq ft
• Dimensions: 16.67' x 39' (per survey)
• Last Major Renovation: 2013
• Annual Taxes: $6,925.82
• Title Ready – Quick Closing Available!

Each Unit Includes:

✔ 4 Bedrooms | 2 Full Bathrooms
✔ Eat-In Kitchen with Formal Dining Area
✔ Hardwood Floors Throughout
✔ Dishwasher, Washer & Dryer, Oven, Refrigerator
✔ Steam Heating (Natural Gas)
✔ Full, Unfinished Basement

Garden-Level Unit:

• Listed for rent at $1,900/month
• Private Backyard
• In-Unit Laundry

???? Interested? Call Today: 845-281-9487
???? Don’t Miss This Excellent Flip or Rental Income Opportunity!

This is a 2-family townhouse, (Building Class B3) in a great location, an auction/contract flip, the building and the apartments are in a Decent shape
It's built 16.67x39 as per Survey.
Lot Size: 1,581 sq ft
Zoning: R6B
Last Major Alteration: 2013
Total Building Area: 1,728 sq ft
Property Tax: $6,925.82

Each unit in the building includes:

2 bedrooms and 1 full bathroom

Eat-in kitchens with formal dining areas

Hardwood flooring throughout

Appliances such as dishwasher, washer, dryer, oven, and refrigerator

Steam heating powered by natural gas

Full, unfinished basement 
The garden-level unit was listed for rent at $1,900/month. This unit featured a private backyard, in-unit laundry. 
Need to close ASAP, title ready 
1,265,000. Call me at 845.281.9487 number.

Steam heating powered by natural gas

This is an Auction flip 2 family vacant and gutted Two family house, but set up as a one Building size - 20x40 Lot size - 25x100 R5B 

This is a fully renovated five story building in Midtown Manhattan, 

• Fully updated interiors
• In-unit washer & dryer
• Stainless steel appliances
• All apartments are separately metered
• Tenants pay their own electric heating, hot water, and electricity
• Property Type: Five-story walk-up multifamily building
• Total Units: 9 legally designated residential units
• Basement: Finished basement includes a 2-bedroom / 1-bath unit with backyard access
• Unit Mix:
  • 3 Studio Apartments
  • 4 Four-Bedroom Apartments
  • 2 Three-Bedroom / Two-Bathroom Apartments
• Total Gross Annual Income: $446,400
• Net Operating Income (NOI): $338,400
• Cap Rate: 5.4%

? Additional Information

• All tenants are current on rent
• Legal rent increase of up to 5% annually for new tenants
• Prime Midtown East location with strong rental demand

Projected Net Operating Income: $72,916.07 

CAP RATE: 5.8% 

ASKING PRICE: $1,250,000, Feel free to make an offer.

You can find more information in SETUP, attached to this ad below.

A three story three-unit building. The property has a two-bedroom apartment on the first floor. This unit has access to the back yard and basement. The second floor is a two-bedroom floor-through apartment. The third floor is a renovated vacant two-bedroom floor-through apartment.
The units have a full kitchen and full bathroom and are individually metered for gas and electric. The meters are in the basement and the boiler and water heater is gas.

Good option for investment, $106.800 annual income
Two legal apartments with a basement apartment, good to rent out.
Taxes $5,215 / year
Lot Size 3,700 SF / 37' x 100'
Stories 2+ basement
Legal Residences 2
Building Size22' x 48'
Building Sq. Ft 2,112 SF
Unit 1 Information
• Unit Type Beds Total: 3
• Unit Type Baths Total: 1

The rent is 3200, Section 8
Unit 2 Information
• Unit Type Beds Total: 5
• Unit Type Baths Total: 1

The rent is 4700. vacant
Unit 3 Information
• Unit Type- basement, Beds Total: 2

$8900 monthly income,

$106.800 annual income

Total Finished SqFt 2,686 SqFt

A 42’ wide 12-unit four story apartment building, with seven parking spaces. The basement has a one-bedroom apartment, the first floor has two units, one apartment is a four-bedroom unit and the other is a two-bedroom apartment. Floors two through four each has three apartments. They are two, two-bedroom units, and a one-bedroom apartment. All the units are rent stabilized. The units have a full kitchen and full bathroom, with a living/dining area. The apartments are large and spacious and get great sunlight.Lot Size: 50' x 125'

• Building Size:

1. Basement: ------42' x 77' irr = -3,010 Sq. Ft
2. Ground Floor: --42' x 77' irr = -3,010 Sq. Ft
3. Second Floor: --42' x 77' irr = -3,010 Sq. Ft
4. Third Floor: -----42' x 77' irr = -3,010 Sq. Ft
5. Fourth Floor: ---42' x 77' irr = -3,010 Sq. Ft

• Stories: 4
• Gross Square Feet: 12,040 approximately above grade
• Zoning:(FAR) R7-1: (3.44) Height Limit 75’ (CF 4.8)
• Buildable Square Feet: 20,984 all residential
• Air Rights: 8,944
• Real Estate Taxes: $21,037.52

The units are individually metered for cooking gas and electric. All the meters are in the basement. The building has a gas boiler and water heater. The roof is in good condition. New intercom system, upgraded electric and the kitchens and bathroom are renovated. Big common areas, space to put plants and sofa to lounge in.