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902 42nd Street Brooklyn, NY $ 3,295,000
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$ 3,295,000 Get more info
902 42nd Street
$ 3,295,000
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902 42nd Street

Brooklyn, NY, 11219
$ 3,295,000
Bedrooms32 Baths16.0 Sq 14,400

Monthly Estimate*

$ 23,017

902 42nd Street, Brooklyn, NY 11219 - Image 1

Multi-Family Home for sale in Brooklyn, NY

for $3,295,000 with 32 bedrooms and 16 full baths. This 14,400 square foot home was built in 1928 on a lot size of 0.092218.

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 40x90 and the lot size is 40x100. 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.

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Multi-Family Active

Price

$ 3,295,000

Bedrooms

32

Full Bath

16

Property Type

Multi-Family

Taxes

$ 62,674

Style

Lot Size

0.092218

Year Built

1928

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

479190
Features
Interior
Heating Fuel Gas
Flooring Hardwood
Hot Water Gas
Full Baths 16
Half Baths 0
Three Quarter Bath 0
Beds Total 32
Total Baths 16.00
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General
Roof Flat
Zoning R6
Electric 110 V
Style Other
Stories 4
Property Type Residential
Block 5595
Yearly Taxes 62674.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Semi-Detached
Status Active
Construction Materials Brick
Cumulative Days on Market 149
MLS Area Sunset Park
Sub Type Multi-Family
Year Built 1928
City Brooklyn
DOM 103
# Families 16
Coming Soon 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
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Exterior
Exterior Brick
Foundation Poured Concrete
Parking Attrib Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Real Estate Professiona

Broker

(347) 721-6599

Phone

Affordability Calculator

$28,239
Per Month
82%
18%
0%
Monthly Principal & Interest
$23,017
Monthly Property Taxes
$5,223
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/14/2024$3,295,000 -0.90% Price Down
3/13/2024$3,325,000 -0.75% Price Down
2/21/2024$3,350,000 -0.74% Price Down
2/14/2024$3,375,000 -0.59% Price Down
1/12/2024$3,395,000 Listed Price

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902 42nd Street, Brooklyn, NY, 11219 is a Multi-Family Home for sale at $3,295,000 with 14,400 sqft and a lot size of 0.092218. 902 42nd Street has 32 bedrooms, 16.0 baths, and was built in 1928. The property's zip code is 11219 which is in Brooklyn, NY

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