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216 Avenue M, Brooklyn, NY 11230 (MLS# 1159549)

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216 Avenue M, Brooklyn, NY 11230

$1,350,000
Property Type: MultiFamily Square Footage: 3,537 Lot Size (sq. ft.): 2,767 Status: Closed
Current Price: $1,350,000 List Date: 1/11/2023 Last Modified: 9/26/2024

Overview

Description

Calling all investors . Legal 4 family brick semi w finished basement in the heart of Midwood. All 2 bedroom apartments which have been updated. New Furnace , hot water tank, roof and some windows. Only 2 units are in a lease So the rent roll can be increased!!

Listing Details MLS# 1159549

AddressLegal

Street No.
216
Street Name
Avenue M
County
Kings
State
NY
Zip Code
11230
Area Name
Midwood
Parcel ID
06565-0007

ContractLocation Information

Marketing/Listing Date
2023-01-11
Sub-Type
Quadruplex
Zoning
R6-A
Block
06565
Lot
0007

General Property Info

Stories
2
3/4 Baths
4
Year Built
1924
Year Built Info
Approx
Taxes
15914
Tax Abated
No
Lot Size SqFt
2767
Lot Dim
28 x 100
Building SqFt
3537
# Units
4
No. of Heating Units
Yes
Air Conditioner
Units
Public Remarks
Calling all investors . Legal 4 family brick semi w finished basement in the heart of Midwood. All 2 bedroom apartments which have been updated. New Furnace , hot water tank, roof and some windows. Only 2 units are in a lease So the rent roll can be increased!!

Status Change Info

Pending Date
2023-05-12
Sold Date
2024-02-08
Projected Close Date
2023-07-12

Unit 1

Unit 1 - Level
Yes
Unit 1 - Rent/Month
1750
Unit 1 - # Rooms
4
Unit 1 - # Bedrooms
2
Unit 1 - # Baths
Yes

Unit 2

Unit 2 - Level
Yes
Unit 2 - # Rooms
4
Unit 2 - # Bedrooms
2

More Information

Unit 3

Unit 3 - Level
2
Unit 3 - Rent/Month
1900
Unit 3 - # Rooms
4
Unit 3 - # Bedrooms
2
Unit 3 - # Baths
Yes

Unit 4

Unit 4 - Level
2
Unit 4 - Rent/Month
1100
Unit 4 - # Rooms
4
Unit 4 - # Bedrooms
2
Unit 4 - # Baths
Yes

Appliances

Total # Ranges
4
Total # Refrigerators
4

Address/Legal

Section
N/A

Contract/Location Information

List Price/SqFt
466.5
CofO
No
List Type
Exclusive Right To Sell
Owner Finance
No

Sewer

Public Sewer
Yes

Income & Expenses

Gross Income
87600
Net Income
58700
Total Expense
28900

Electric

220
Yes

Heat Source

Natural Gas
Yes

Heat System

Hot Water
Yes

Electric Meters

Individual
Yes

Gas Meters

Individual
Yes

Basement

Finished
Yes
Full
Yes

Parking

On Street
Yes

Garage Location

None
Yes

Siding

Brick
Yes

Property Condition

Excellent
Yes

Property Features

Electric Meters: Individual Gas Meters: Individual Sewer: Public Sewer Electric: 220 Basement: Finished; Full Parking: On Street Garage Location: None Siding: Brick Heat Source: Natural Gas Heat System: Hot Water Property Condition: Excellent
Listing Courtesy of RE/MAX Elite
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.