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642 Leonard St
Brooklyn, NY 11222
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 4,620 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1930/2016 |
| Building Class | C | ||
| Zoning | R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations. | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,620 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1930/2016 |
| Zoning | R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations. |
ABOUT 642 LEONARD ST , BROOKLYN, NY 11222
Asking $5.85M This 3-story and cellar, walk-up rental apartment 5 family is located in Greenpoint, border of Queens, near I-495 to Midtown tunnel & I-278 to Williamsburg Bridge. It was built in 1930 and was gut renovated in 2016. The BRICK building is in very good condition. Zoning R6B Lot 25' X 100' Building 22' X 70' total 4,620 sf. Total Rental Income $258,600/yr (Monthly: 1st flr duplex 3br 3.5ba $6100, 2L $4000, 2R $3850, 3L $3800, 3R $3800, 2br 2ba each, leases expire on 8/31/2019 ), Each apt w/ HVAC system & washer/dryer. Total 11br 11.5ba Taxes (J51 Abatement) $646/yr Annual Expenses $12,566, Net Income $246,044/yr.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+4 | 1 | - | 1 |
| 2+2 | 4 | - | 1 |
PROPERTY TAXES
| Parcel Number | 02621-0048 | Improvements Assessment | $725,850 |
| Land Assessment | $270,000 | Total Assessment | $995,850 |
PROPERTY TAXES
