390 17th St, Brooklyn, NY 11215

Property Description

RARE RARE ! by appointment please! Welcome to 390 17th st. A renovated 25' × 55.5 ’ high income producing 4-family situated in Prime South Slope, within a short distance to Prospect Park. This great property is currently set-up as 4 market rated renovated two-bedrooms units. On the first floor there are two apartments including a large duplex, both these units have direct access to a massive backyard. The top floor units have their own private decks .Building heat system is electric, and all the apartments have separate meters. Located in the desirable Park Slope, one of the primmest neighborhoods in Brooklyn, this townhouse is perfect for living in or as a high income investment. The building current is partially occupied with great tenants paying rated market rent. It can be deliver vacant at closing. The property was gut renovated in recently years, including the basement. Huge lot 25 ft x 100.17 ft Building Details Building Sqft – 2775 sq ft Building Dimensions – 25 ft x 55.5 ft Lot Dimensions – 25 ft x 100.17 ft Annual income rent: $ 13,500 Annual Taxes – $6,384.76 cap rate 6.2! only serious inquiries! price is firm perfect for an end user, 1031 exchanger or an investor!!!