Lamar Collins
This listing was posted on RealtyWW.
$3,200,000
Home For Sale In Brooklyn, New York
Price:
$3,200,000
BR/BA:
10+ BA
Location:
1950 Nostrand Ave, Brooklyn, NY
Description:
This is an extraordinary opportunity for an investor to add a turnkey and cash-flowing asset to their real estate portfolio. This solid and stately building is ideally situated and benefits from its prime location on the Nostrand Avenue corridor business district. The Foster Arms Building offers an excellent opportunity to own an income-producing property with very low maintenance. The subject property is a four (4) story brick construction walk-up building situated on one (1) parcel: 59.75X100 lot size (5, 975 SF). The gross building area is 18, 000 sf and is comprised of twenty-four (24) rent-stabilized residential units. The building's legal description is Section 16, Block 5231, Lot 34, and Building Classification C1. The building is on the northeast side of Nostrand Avenue between Foster and Farragut Avenue. The building is 100% occupied and leased to twenty-four (24) residential tenants. Each tenant is responsible for their utilities, which include electric and cooking gas charges. The building is well-maintained and has undergone recent interior renovations.:For more details: https://realtyww.info/homes_brooklyn-d523175/for-sale_i69817758
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More About this Listing: Home For Sale In Brooklyn, New York
Home For Sale In Brooklyn, New York is a 10 Bathroom, 10+ BA, 24 Bathroom Single-Family Homes for Sale at 1950 Nostrand Ave in Brooklyn NY. Find other listings like Home For Sale In Brooklyn, New York and listings near 1950 Nostrand Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 24 Bathroom Single-Family Homes for Sale in Brooklyn NY.
Home For Sale In Brooklyn, New York is a 10 Bathroom, 10+ BA, 24 Bathroom Single-Family Homes for Sale at 1950 Nostrand Ave in Brooklyn NY. Find other listings like Home For Sale In Brooklyn, New York and listings near 1950 Nostrand Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 24 Bathroom Single-Family Homes for Sale in Brooklyn NY.