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902 42nd Street, Brooklyn, New York, 11219

$3,295,000

32

Beds

16

Bathrooms

14,400

Building Sqft

0.09

Acres

4,017

Lot Sqft

About 902 42nd Street

Don’t miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40×90 and the lot size is 40×100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.

Features of 902 42nd Street

MLS® #
479190
Bedrooms
32
Bathrooms
16
Full Baths
16
Acres
0.09
Type
Residential
Price
$3,295,000
Square Footage
14,400
Year Built
1928
Sub-Type
Multi-Family

Community Information

Address
902 42nd Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11219

Listing Information

Agent Name
Billy E. Apter
Agent Office
RE/MAX Real Estate Professiona

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