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32764744
32764873

1060 Rogers Avenue, brooklyn, NY 11226

EB
NY 10301219469
Revived Commercial
Listed by Revived Commercial
$1,695,000
20 days on market
Updated 19 days ago

1060 Rogers Avenue

Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 4,800
Cap Rate 7.20%
NOI $118,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Remaining Term 1
Buildings 1
Lot Size (SqFt) 2,000
Investment Type Stabilized
Ground Lease No

Multifamily - 9% Pro Forma CAP

Marketing description

Welcome to 1060 Rogers Avenue, a truly unique opportunity to own an incredibly well-kept building nestled in the dynamic neighborhood of East Flatbush in Brooklyn. This 6 Unit rent stabilized building spans a remarkable 4,800 square feet and is comprised of 1 and 2 bedroom units offering a total of 15 rooms, including 9 bedrooms and 9 baths. When residents step inside, they'll be greeted by a clean well kept foyer and hallway leading to there individual apartments. Once there, your they'll enjoy the gleaming hardwood floors that gracefully unite each room, promising durability and a timeless aesthetic. The abundance of natural light throughout the property is sure to leave them feeling invigorated and inspired. The charm of this building lies in its appeal as a solid investment that's in great condition and just waiting for its new owners. For your residents, East Flatbush is not just a place to live—it's a lifestyle. They'll find themselves surrounded by vibrant local cultures, eclectic dining options, and easy access to various transportation links, ensuring they're always connected to the pulse of the city and its unique blend of offerings. They'll be able to spend time in nearby parks that offer green respite and the perfect backdrop for outdoor activities. Don't miss out on experiencing this fantastic opportunity in one of Brooklyn’s fastest evolving neighborhoods. This solid opportunity provides an ideal addition to any investors portfolio. Reach out today to schedule a private viewing and explore everything this remarkable property has to offer.

Investment highlights

  • 6 Unit, Brick Building located on Rogers Avenue
  • Approx. 4,800 SF
  • Strong Rent Roll - Cashing Flowing from day 1
  • Well Maintained and close to all major transportation

Listing Contacts

EB
NY 10301219469
Revived Commercial
Listed by Revived Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$118,000.00
$9,833.33/mo

Valuation Metrics

0
DSCR
6.96%
Cap Rate
6.96%
ROI

Map

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Additional Information

Name
Elysa Berlin
License
10301219469
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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