Coldwell Banker American Homes Merrick
Listed by Coldwell Banker American Homes Merrick
$2,200,000
1084 Willmohr Street
Details
APN 04691-0009
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 16
Cap Rate 6.75%
NOI $148,454
Occupancy 100%
Year Built 1928
Buildings 1
Acreage 0.092
Zoning R6
Multifamily | 16 Units | Rent Stabilized
Marketing description
Introducing this 4 story, 16 unit rent stabilized property. Located on the corner of 95th Street in Brownsville, there are eight (8) 2 bed 1 bath and eight (8) 1 bed 1 bath. Just a short distance to Brooklyn Botanic Garden, Barclays Center and Brookdale University Hospital and Medical Center. Key investment opportunity for investors looking for multiple units on tree lined streets close to trending restaurants, specialty markets and exposure to major shopping areas including Gateway Center as well as expansive recreation spaces such as the historic Shirley Chisolm State Park. Owner has taken exceptional care of property including major installation/upgrade to dual heating system, seamlessly alternating at any time from oil to gas. Roof, basement, common areas and building wide systems well maintained. Note: Asset included in portfolio with 23 unit property at 3520 Newkirk Avenue, Brooklyn, NY (MLS#807454).
Listing Contacts
Coldwell Banker American Homes Merrick
Listed by Coldwell Banker American Homes Merrick
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$148,454.00
$12,371.17/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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