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$ 2,495,000
Est. payment /mo
New
530 50th ST Brooklyn, NY 11220
9 Baths
7,140 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,140 sqft
Price per Sqft $349
MLS Listing ID 504438
Full Baths 9
Year Built 1921
Annual Tax Amount $36,527
Property Sub-Type Multi-Family
Property Description
PORTFOLIO PACKAGE DEAL: TWO BUILDINGS SOLD TOGETHER (NO SEPARATE SALES). The sale includes both [Building 1 address: 528 50th Street, Brooklyn NY 11220] and [Building 2 address: 530 50th Street, Brooklyn NY 11220]. Attention investors and/or 1031 exchange buyers! Exceptional opportunity to acquire a stable, income-producing multi-family portfolio in one of Brooklyn's most resilient rental markets. This offering feature two separate multiple-dwelling rental buildings being sold together, delivering immediate cash flow and a reliable, low-vacancy track record. This property is part of a mandatory two-building portfolio package and cannot be purchased individually. Both properties must close simultaneously under two separate, concurrent contractual agreements. These two Multi-family investment buildings feature rent-stabilized and rent-controlled units, offering a stable and highly predictable cash flow asset. Each building has 10 individual gas meter and 10 individual electric meters. Each building has 9 apartments.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R6B
Rooms
Basement Finished, Full
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access Yes
Building
Story 4
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Momentum Real Estate LLC
