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1314 Sterling Pl
Brooklyn, NY 11213
Multifamily Property For Sale
·
6 Units
Investment Highlights
- 6 Unit Multi-family Building in Brooklyn - ** Priced to SELL
Executive Summary
3- Story Multi-family Building, 6 Units. Building- 26 X 77, Lot- 26.33 X 120.25.
Priced to Sell.
All are Rent Stabilized Apts
TOTAL MONTHLY RENT: $7,262.68
TOTAL ANNUAL RENT: $87,152.16
EXPENSES:
Real Estate Taxes : $ 10,765
Water - Frontage: $ 6,200
Insurance: $ 2,800
Electric: $ 1,200
Oil- $ 11,000
Total Expense: $ 31,965.00
NOI: $ 55,187.16
Price: $1,250,000
Fully occupied
Priced to Sell.
All are Rent Stabilized Apts
TOTAL MONTHLY RENT: $7,262.68
TOTAL ANNUAL RENT: $87,152.16
EXPENSES:
Real Estate Taxes : $ 10,765
Water - Frontage: $ 6,200
Insurance: $ 2,800
Electric: $ 1,200
Oil- $ 11,000
Total Expense: $ 31,965.00
NOI: $ 55,187.16
Price: $1,250,000
Fully occupied
Property Facts
| Price Per Unit | $250,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.68% | Lot Size | 0.07 AC |
| Gross Rent Multiplier | 14.02 | Building Size | 5,047 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1931/2019 |
| Zoning | R6 - Residential Multi-Family | ||
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 3.68% |
| Gross Rent Multiplier | 14.02 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,047 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1931/2019 |
| Zoning | R6 - Residential Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | 715 |
Property Taxes
| Parcel Number | 01377-0018 | Improvements Assessment | $609,750 |
| Land Assessment | $8,100 | Total Assessment | $617,850 |
Property Taxes
Parcel Number
01377-0018
Land Assessment
$8,100
Improvements Assessment
$609,750
Total Assessment
$617,850
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