6 family building with operating bar on first floor. Bar is 1200 square feet.No rent controlled apartments. Only rent stabilized. Roof is 6 years old. Gas fired steam heat. Gas furnace is 6 years old. There are (3) - 1 bedroom apartments and (3) - 2 bedroom apartments. Annual Income $187,000 Annual Expenses: Taxes $18,630 Gas and Electric $9,033 Insurance $11,531 Water $7,958 Misc Repairs $3,300=$50,542. Cap Rate 6.5%
Rent Increases in Rent Stabilized Homes:
1-year lease. 2.75%. 2-year lease 5.25%
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$1,999,999
Days On Site
57 Days
Bedrooms
N/A
Inside Area (SqFt)
6,101 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0573 Acres
Year Built
1931
MLS® Number
847324
Status
Active
Property Tax
$20,204.63
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
2 weeks ago
Price changed to $1,999,999
2 weeks ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.0573
Direction Faces
East
Number Of Stories
4
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
6101
Utilities
Natural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source
Public
Interior Features
Basement
FullUnfinished
Heating
Natural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details
Brick
Fencing
FencedBack Yard
Listing courtesy of Weichert Realtors TMT Group ferone1@mac.com
Based on information submitted to the MLS GRID as of 2025-06-08 06:00 AM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.