Listed by Schuckman Realty Inc
$920,500
149 Rockaway Parkway
Details
APN 04616-0053
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,160
Units 6
Cap Rate 6.32%
NOI $60,342
Occupancy 100%
Tenancy Multi
Year Built 1930
Stories 3
Lot Size (SqFt) 2,400
Zoning R6
Investment Type Value Add
Multifamily | 6.5% CAP | 6 Units
Marketing description
For Sale: Clean 6-Unit Multifamily located at 149 Rockaway Parkway in the Brownsville neighborhood of Brooklyn, NY. This 3-story walk-up building features 6 rent-stabilized residential units with a total building size of 5,160 square feet on a 2,400 square foot lot (24 ft x 100 ft). Built in 1930, the property offers stable rental income with all rents and legal rents confirmed in good standing with DHCR. The building is well-maintained with recent updates to the roof and unit interiors.
Listing Contacts
Listed by Schuckman Realty Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,342.00
$5,028.50/mo
Valuation Metrics
0
DSCR
6.56%
Cap Rate
6.56%
ROI
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