Great Investment Property! This 4 unit apartment building; mixed-use property features with A owner occupied and well established laundromat business on the store level; located in the East New York section of Brooklyn for sale. A good money maker laundromat and stable income of 4@1 bedroom Apartments on 2FL and 3FL. Financial Income & Expense: $424,800 in gross revenue, $119,145 in expenses, a net income of $305,655 and a 15.3% cap rate. Tax $9145. (Please see the attached detailed income & expense info)
Based on the average sale price from the BALDWIN, NY office
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
355 New Lots Avenue E. New York, NY is a Single Family Home for sale at $1998000 and a lot size of 1,742 SqFt Acre(s). 355 New Lots Avenue E. New York has 0 bedrooms, 0 baths and was built in 1930. The property's zip code is 11207 which is in E. New York, NY
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.