1512 Prospect Pl, Brooklyn, NY 11213 - MLS OLRS-0062418 | Berkshire Hathaway HomeServices New England Properties
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  • 1512 Prospect Pl, Brooklyn, NY 11213
  • $1,200,000
  • 8 BedroomBedrooms
  • 5 BathroomBathrooms
  • 0 Full BathroomFull Bathrooms
  • 0 Half BathroomHalf Bathrooms
  • 3,324 Sqft
  • Sold On

1512 Prospect Pl, Brooklyn, NY 11213

  • Open House
  • New Listing
  • 8 BedroomBedrooms
  • 5 BathroomBathrooms
  • 3,324 Sqft
  • Townhouse
  • Active
  • MLS# OLRS-0062418
  • Sold On
0 More Schedule
  • Price Reduced$20,000

Property Information

  • MLSOLRS-0062418
  • Zip Code11213
  • TypeTownhouse
  • Bedrooms8
  • Bathrooms5
  • Total Rooms15
  • Sq. Ft.3, 324
  • Interior FeaturesMultilevel
  • Year Built2007
  • Estimated Taxes$810
  • Maintenance or Common Charges$0
  • Building FeaturesGarden

Three Family with Tenants In Place - 6% Cap Rate - Perfect property for an investor seeking income producing property. The property was built in 2007 as a legal three family house with full finished basement. The first floor is a two bedroom, two bathroom duplex with exclusive access to the landscaped backyard. The huge recreational space in the basement is perfect for entertaining and features a full bathroom and bar. The second floor is a three bedroom one bathroom floor through apartment with open kitchen. The third floor is a three bedroom two bathroom duplex. Rental Income is as follows: Monthly Lease Apt Income Expiration 1 $2,500 June 2018 2 $2,250 August 2018 3 $2,200 June 2018 $6,950 Total Monthly Rent $83,400 Annual Revenue All Tenants have leases Expenses are as follows: Description Amount Gas $0, Tenants pay Electrical $0, Tenants pay Repairs $1,200 per year Cleaning $1,400 per year Insurance $5,000 per year TOTAL - 7,600 Annual Expenses Before Taxes Taxes - $543 per year during 25 Year Tax Abatement (Thru 2034) TOTAL Current Annual Operating Expenses - $8,134 Current NOI -- $75,257 ASKING PRICE -- $1,220,000 CAP RATE with Tax Abatement - 6.16% PROOF OF FUNDS or PRE-APPROVAL MUST BE PRESENTED BEFORE VIEWING


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Listing courtesy of: Robert Bell, Compass

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