361 59th St Brooklyn, NY 11220

Introducing a beautiful 6-family Solid Brick in a prime neighborhood, Sunset Park. This Building size of 21x60 sitting on a 20x100 lot. Taxes are $10,283/year. The building consists of 6 One-Bedroom apartment (all in excellent condition) with access to a full basement. The building currently provide...s a gross annual rental income of $110,749 which is about a 5% to 6% CAP Rate, and it also determines that current tenants are at or about paying fair market rents. The building is conveniently located minutes away from all shopping and transportation on 4th Ave and 5th Ave, near N and R train Subway station. Please have the pre-approval or proof of funds ready with all offers. 24-hour notice that way all showings can be accommodated. Continue reading