$1,400,000
$1,400,000
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427 36th Street #Building Brooklyn, NY 11232
4 Beds
4 Baths
2,295 SqFt
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,295 sqft
Price per Sqft $610
Subdivision Greenwood Heights
MLS Listing ID OLRS-0063236
Sold Date 05/31/23
Style Prewar
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1920
Property Description
Legal 3 family on a treelined block in prime Greenwood Heights, 17 x 45 on 17 x 100 lot. Currently set up as 3 rentals with a cap rate of 4.5% as is, 5.5% with improvements. Easy to convert to single family or duplex with rental. 3 stories plus finished basement. 1100+ SF in additional FAR.
Current Rent Roll
Garden Apt: 1 bedroom 1 bath plus oversized backyard ($1900)
Apt 2: 1+ bedroom 1 bath plus balcony ($2100)
Apt 3: 2 bedroom 1 bath ($1850)
ProForma with improvements
Garden Apt: $2600
Apt 2: $2500
Apt 3: $2200
Can be delivered vacant or with tenants.
About Greenwood Heights:
*Greenwood is a well-kept secret for those seeking a quiet and affordable neighborhood with easy and quick access to Manhattan.
* One block from express train stop (N, D, R) 2 stops to downtown Manhattan, 20 minutes to Union Square!
* Walking distance to hot Industry City, bustling Sunset Park and trendy South Slope. A longer stroll up 4th Ave brings you to Barclays Center and Atlantic Terminal.
Location
State NY
County Kings
Zoning R6B
Building Detail https://giampaoloienna.com/nyc/buildings/427-36th-st&sold-listing=true
Interior
Fireplace No
Exterior
Exterior Feature Balcony
Porch Balcony
Private Pool No
Building
Story 3
Others
Pets Allowed Pets Allowed
Pets Description Building Yes, Yes
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RLS Data display by Elegran