Detached 6 Family Frame House in Prime Greenpoint Location! There are 5 Free Market Apartments, which have all been renovated, and 1 Unit is Rent Stabilized. The building is fully leased out and generates good income. This is a 5% CAP with some upside. INCOME: $147,968 ESTIMATED EXPENSES: RE Taxes - $13,479 Water & Sewer - $4,556 Utilities - $1,334 Insurance - $8,181 Repairs & Maintenance - $6,357 Total: $33,907 NET PROFIT: $114,061 Building Class: Primarily Five to Six Family with One STore or Office (S5) Building: 25 x 50 ft Lot: 25 x 75 ft Zoning: R6B FAR: 2.27 MAX FAR: 2 This is a GREAT INVESTMENT! Call TODAY for Additional Details!
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