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814 44 Street Sunset Park, NY 11220
$1,900,000
  • For Sale
  • 14 Bedrooms
  • 9 Full Baths
  • 8100 SqFt
  • Year Built 1931
  • Multi Family
  • ML# H6295774

Property Details

Overview

LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase, wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178, 289 (updated 6/19). N.O I. = $101, 262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.

Key Facts

  • SqFt: 8100.00
  • Lot Size: 0.06
  • Lot Sq Ft: 2462
  • Taxes: $22,703
  • School District#: 14
  • School District: Community District 14

Additional Features

  • Construction Materials: Brick
  • Garage: 0.0
  • Parking Facilities: On Street
  • Wood Floors: Yes

Rooms & Floor Plans

  • Bedroom: 14
  • Full Bath: 9

Interior & Utilities

  • Heat: Natural Gas, Hot Water
  • A/C: None, Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer
  • Garbage Removal: Public

Financial

  • Taxes: $22,703
  • Maintenance: $5,400
Listing Information provided courtesy of Keller Williams Realty NYC Grp  (718) 697-6800
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS