Brooklyn, NY 11229,1727 E 14th ST
Brooklyn, NY 11229,1727 E 14th ST
Brooklyn, NY 11229,1727 E 14th ST
16
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$1,980,000
Est. payment /mo
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12 Beds
8 Baths
Price Dropped by $308K

1727 E 14th ST Brooklyn, NY 11229

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 854103

Bedrooms 12

Full Baths 8

Rental Info No

Year Built 1985

Annual Tax Amount $38,987

Property Sub-Type Quadruplex

Source onekey2

Property Description

Built in 1985 off King's highway within the Homecrest neighborhood of Brooklyn. Four family income producing duplex brick town house with a total of around 5,250 square feet. Each unit is around 1,312 sq ft with three bedrooms, one & a half bathrooms (without a shower) and their own washer dryer. One year leases with separate meters & utilities except water. Unit A rented for $2,600 per month + utilities. Unit B rented for $2,900 per month + utilities. Unit C rented for $3,050 per month + utilities. Owner's Unit D located on both the second and third floor to be delivered vacant upon closing. Yearly property taxes of $38,988.

Current yearly rental income: $102,600. Current yearly net income: $55k.

Proforma with full occupancy market rents: potential yearly rental income $148,800.

Potential yearly net income: $98,800 @ 5% cap.

Commuter, walker and food lover paradise next to B & Q subways (38 minutes to Manhattan Canal Street financial district!) B2, B7, B31, B49, B68, B82, B100 buses, Target, Marshalls, TJ Maxx, 7-11, family owned groceries and pharmacies, CVS, Sunflower cafe, Forefeathers chicken, Mabat, Bordeaux steakhouse, Argo, Look Deer, Jersey Shore Sushi, Edo, Meshuga, Tokyo, My Grill bar, Rondel, Vesuvius, J&R pizza, Family Uz Restobar, Village cafe, X Factory, Tacos Linos, Best Halal gyro, Affy's grill, Casa Maria's, Blueberry Mexican grill bakery, Gong Cha bubble tea, shopping mall, Harbor fitness, banks, shops, salons, spas, post office, Brooklyn public library and the newly renovated Kelly park playground.

Near world renowned Michelin approved Tanoreen, Neta Shari, Ayat, East Harbor Seafood Palace, Chuan Tian Xia restaurants, 530 acre Marine park, playgrounds, biking greenways, dog friendly areas, wifi spots, soccer, handball, tennis, skating, basketball, baseball, football, bocce, cricket, fitness equipment, hiking, canoeing, kayaking, paddleboating, model aircraft fields, great trees, salt marsh nature trail hosts 325 bird, 50 butterfly, 100 finfish species, unique regional flora, fauna, 18 hole Championship golf course, water views, country club quality greens, fairways, driving range, Aviator sports events center, Floyd Bennett camping field, Gerritson, Kiddie, Manhattan, Plum, Brighton & Coney Island beaches, boardwalk, marinas, fishing, Belt parkway, Verrazzano & Marine parkway bridges, hospitals, police and fire stations. 18 minute non rush hour drive to Manhattan, 20 mins to LaGuardia, 24 mins to JFK and 35 mins to Newark international airports!

Zoning R5B. Please do not disturb tenants.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Finished, Full

Interior

Interior Features First Floor Bedroom, First Floor Full Bath

Heating Hot Water, Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Senior Community No

Special Listing Condition None


Listed by Hanmi Realty
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Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

 

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how. 


If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States

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1727 E 14th ST