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$ 2,288,000
Est. payment /mo
Active
1727 E 14th ST Brooklyn, NY 11229
12 Beds
8 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY854103
Bedrooms 12
Full Baths 8
Originating Board onekey2
Rental Info No
Year Built 1985
Annual Tax Amount $38,987
Property Sub-Type Quadruplex
Property Description
Built in 1985 off King's highway within the Homecrest neighborhood of Brooklyn. Four family income producing duplex brick town house with a total of around 5,250 square feet. Each unit is around 1,312 sq ft with three bedrooms, one and a half bathrooms (without a shower) and their own washer dryer. One year leases with separate meters and utilities except water. Unit A rented for $2,600 per month + utilities. Unit B rented for $2,900 per month + utilities. Unit C rented for $3,050 per month + utilities. Unit D owner's unit located on both the second and third floor to be delivered vacant upon closing.
Yearly property taxes of $38,988. Current yearly gross rental income: $102,600. Current yearly net income: $55k.
Proforma with full occupancy market rents: potential yearly gross income $148,800.
Potential yearly net income: $98,800 @ 4.3% cap.
Commuter, walker and food lover's paradise next to B & Q subways (38 minutes to Manhattan Canal Street financial district!) B2, B7, B31, B49, B68, B82, B100 buses, Target, Marshalls, TJ Maxx, 7-11, family owned groceries and pharmacies. CVS, Sunflower cafe, Forefeathers chicken, Mabat, Bordeaux steakhouse, Argo, Look Deer, Jersey Shore Sushi, Edo, Meshuga, Tokyo, My Grill bar, Rondel, Vesuvius, J&R pizza, Family Uz Restobar, Village cafe, X Factory, Tacos Linos, Best Halal gyro, Affy's grill, Casa Maria's, Blueberry Mexican grill bakery, Gong Cha bubble tea, shopping mall, Harbor fitness, banks, salons, spas, shops, post office, Brooklyn public library and the newly renovated Kelly park playground.
Near the 530 acre Marine park, playgrounds, biking greenways, dog friendly areas, wifi spots, soccer, handball, tennis, skating, basketball, baseball, football, bocce, cricket, fitness equipment, hiking, canoeing, kayaking, paddleboating, model aircraft fields, great trees, salt marsh nature trail hosts 325 bird, 50 butterfly, 100 finfish species, unique regional flora, fauna and an 18-hole Championship golf course, water views, country club quality greens and fairways, driving range, practice areas, Aviator sports events center, Floyd Bennett camping field, Gerritson, Kiddie, Plum, Manhattan, Brighton, & Coney Island beaches, boardwalk, marinas, fishing, Belt parkway, Verrazzano and Marine parkway bridges, hospitals, police and fire stations. 18 minutes non rush hour drive to Manhattan, 20 mins to LaGuardia, 24 mins to JFK and 35 mins to Newark international airports!
Zoning R5B. Please do not disturb tenants.
Yearly property taxes of $38,988. Current yearly gross rental income: $102,600. Current yearly net income: $55k.
Proforma with full occupancy market rents: potential yearly gross income $148,800.
Potential yearly net income: $98,800 @ 4.3% cap.
Commuter, walker and food lover's paradise next to B & Q subways (38 minutes to Manhattan Canal Street financial district!) B2, B7, B31, B49, B68, B82, B100 buses, Target, Marshalls, TJ Maxx, 7-11, family owned groceries and pharmacies. CVS, Sunflower cafe, Forefeathers chicken, Mabat, Bordeaux steakhouse, Argo, Look Deer, Jersey Shore Sushi, Edo, Meshuga, Tokyo, My Grill bar, Rondel, Vesuvius, J&R pizza, Family Uz Restobar, Village cafe, X Factory, Tacos Linos, Best Halal gyro, Affy's grill, Casa Maria's, Blueberry Mexican grill bakery, Gong Cha bubble tea, shopping mall, Harbor fitness, banks, salons, spas, shops, post office, Brooklyn public library and the newly renovated Kelly park playground.
Near the 530 acre Marine park, playgrounds, biking greenways, dog friendly areas, wifi spots, soccer, handball, tennis, skating, basketball, baseball, football, bocce, cricket, fitness equipment, hiking, canoeing, kayaking, paddleboating, model aircraft fields, great trees, salt marsh nature trail hosts 325 bird, 50 butterfly, 100 finfish species, unique regional flora, fauna and an 18-hole Championship golf course, water views, country club quality greens and fairways, driving range, practice areas, Aviator sports events center, Floyd Bennett camping field, Gerritson, Kiddie, Plum, Manhattan, Brighton, & Coney Island beaches, boardwalk, marinas, fishing, Belt parkway, Verrazzano and Marine parkway bridges, hospitals, police and fire stations. 18 minutes non rush hour drive to Manhattan, 20 mins to LaGuardia, 24 mins to JFK and 35 mins to Newark international airports!
Zoning R5B. Please do not disturb tenants.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Full
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Hot Water
Cooling Central Air, Varies by Unit, Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by Hanmi Realty