18 Brighton 4th Terrace, Brooklyn, New York 11235

$1,400,000
7
BD
3,800
SqFt

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List Price
$1,400,000
Status
ACTIVE
Days on Market
24
Price Change
▼ $50,000 1784918848
MLS#
502831
Year Built
1930
Bedrooms
7
Full Baths
4
Half Baths
2
Living Area
3,800
Lot Size
2,500
MLS Area Major
Brighton Beach

Property Description

The subject property is a fully renovated brick semi-detached 4-family building in the heart of Brighton Beach, Brooklyn. The property offers three spacious 2-bedroom, 1.5-bathroom units and one 1-bedroom unit, all with free market rents. Each unit features modern kitchens, updated bathrooms, and its own dedicated Navien boiler and tankless water heater. Tenants pay their own fuel and hot water, which significantly reduces operating expenses for the owner. The building also includes a full finished basement. Additional upside exists with the potential to charge for parking. The property is located within a short distance to the B and Q trains at Brighton Beach Subway Station, the F train at Neptune Avenue, and the Q train at Ocean Parkway Station, as well as close proximity to the beach, boardwalk, and Belt Parkway. This turnkey income-producing property is ideal for investors or end-users seeking strong rental income in a prime coastal Brooklyn location.

Additional Information

Taxes
$14,640
Financing
1031 Exchange, Bank Mortgage, Cash
Zoning
R6
Flooring
Hardwood
Heating
Gas
Exterior Features
Brick
Stories
2
Roof
Flat
Foundation
Other

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Calculator source: Real Geeks

Courtesy Of Deera Realty Group