101 E 59th St
Brooklyn, NY 11203
101 E 59 st Brooklyn - 6 Familes · Multifamily Property For Sale · 6 Units

East Flatbush Multi-Family Property For Sale Green Hill is pleased to offer 101 East 59th Street for sale. A renovated 6 unit multi-family property located in the East Flatbush neighborhood of Brooklyn NY. The property features 5,400 SF plus a fully finished 1,800 SF basement and 4 private parking spaces. One 1 bedroom, two 2 bedrooms and three 3 bedrooms 5,400 SF plus a fully finished 1,800 SF basement and 4 private parking spaces. Easy access to public transportation. Nearby 2,3,4,5 & L trains and the B7 & B35 buses Walking distance to Kings Highway and Church Avenue, major retail corridors Average rents increased 24% in the last 3 years (source: CoStar) Monthly Income $12,275 apt #1: 1 bed - $1425 apt #2: 2 bed - $1500 apt #3: 2 bed - $1200 apt #4: 3 bed - $1500 apt #5: 3 bed - $1500 apt #6: 3 bed - $1850 ------------------------ 4 parking spots (vacant) -$800 (projected) Apt Basement Front (vacant): 1 BR - $1300 (projected) apt Basement Rear (vacant):3 BR - $1700 (projected) ------------------------------ Annual Income $153,300 Expenses Real Estate Tax $13000 Insurance $2700 Water $6000 Gas $5400 Electric $700 Total Expenses $27,800 net operating income $125,500 East Flatbush Multi-Family Property For Sale Green Hill is pleased to offer 101 East 59th Street for sale. A renovated 6 unit multi-family property located in the East Flatbush neighborhood of Brooklyn NY. The property features 5,400 SF plus a fully finished 1,800 SF basement and 4 private parking spaces. One 1 bedroom, two 2 bedrooms and three 3 bedrooms plus a fully finished 1,800 SF basement and 4 private parking spaces. Easy access to public transportation. Nearby 2,3,4,5 & L trains and the B7 & B35 buses Walking distance to Kings Highway and Church Avenue, major retail corridors Average rents increased 24% in the last 3 years (source: CoStar)