This property is Off-Market

1974 51st Street
Brooklyn, NY 11204 ·

Multifamily For Sale

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1974 51st Street, Brooklyn, NY 11204

Price N/A Property Sub-type Garden/Low-Rise
Building Size 37,916 SF Property Use Type Investment
Property Type Multifamily
Listing ID: 16766829 Date Created: 07/20/2010 Last Updated: 02/22/2011

Description

Auction as per U.S. Bankruptcy Court Order.Four story walk-up apartment building in Boro Park. There are 47 rent stabilized apartments containing 161 rooms. Low average rents per apartment offer great upside potential for an investor. Tenants pay for their electric use. Dual oil/gas boiler installed in 1988. Two short blocks from the property there is a 24-hour 7-day Shoprite Supermarket with parking and the McDonald Avenue / Avenue I "F" train station.

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1974 51st Street, Brooklyn, NY 11204 (Kings County)

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