3 FAMILY
FREE MARKET
5.7% Cap

Income
Basement 2Bedrooms $1400
1st FL 2bedrooms $1720
2nd FL 4bedrooms $2550
TOTAL $5670
ANNUAL $68040

Expenses /ANNUAL
Taxes $1800
Insurance $1800
Water $3500
Electric $1500
Gas $4500
TOTAL $13100

NOI
$54,940

CAP
5.7%

Rents are below market
Lower Level is MONTH TO MONTH (could be $1700 owner never raised)
1st FL lease expires Jan 30 2022 (rent could be about $2100)
2nd FL MONTH TO MONTH (rent could be $2600)
Plumbing was redone
Water heater and Boiler in good condition
Roof done 7-8 yrs ago
BRICK

Address:297PENNSYLVANIA AVENUE,BROOKLYN11207
Lot Area:1900 sf
Lot Frontage:19'Lot Depth:100
Year Built:1910
Number of Buildings:1
Number of Floors:2
Gross Floor Area:1,900 sf (estimated)
Zoning:R6

Lot
Lot sqft 1,900
Lot dimensions 19 ft x 100 ft
Ground elevation 36 ft

Property Details of 297 Pennsylvania Avenue, Unit Building

Property Details

Map Location

Driving Directions

Listed by Troy Gordon and Ali Raza of R New York

Based on information submitted to REBNY as of September 29, 2022 9:19 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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