125 Neptune Ave Avenue
Brooklyn, NY 11235
MLS #399721

Multi-Unit
  • 3units
  • 2,900sq ft
$999,999
Est. P&I payment: $3819.32/mo
125 Neptune Ave Avenue, Brooklyn, NY 11235
  • 125 Neptune Ave Avenue, Brooklyn, NY 11235 Photo 1
  • 125 Neptune Ave Avenue, Brooklyn, NY 11235 Photo 2
  • 125 Neptune Ave Avenue, Brooklyn, NY 11235 Photo 3
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Description for 125 Neptune Ave Avenue, Brooklyn, NY 11235
"We are pleased to present this remarkable investment property, a large 2,900 Sq. Ft, 3 Family detached building conveniently located in the Prime of South Brooklyn, on the Northern side of Neptune Ave between E 11th and E 12th Streets, steps away from all the shopping, transportation, schools, houses of worship, parks, few blocks away from the sandy beach and both promenades - Manhattan/Brighton Beach and Emmons Avenue, with all the attractions and restaurants. The building consists of 5 BDR, 4 BDR and 4 BDR apartments. The property is in a great condition and 100% occupied. The Gross Annual Income (GAI) is $84,288. Total Annual Expenses are $16,942. Net Operating Income (NOI) is $67,346 with CAP Rate 6.73%. Tenants pay electric, gas and hot water bills individually. Property also comes with 5,750 buildable Sq. Ft. of additional air rights. It is a perfect opportunity for the owner/user or savvy investor to purchase this money making property"
MLS #399721
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My Notes for MLS #399721

General Features

  • Lot Number: 112
  • Number Of Families: 3
  • Owner Occupied: Yes
  • Property Sub Type: Multi-Family
  • Property Type: Residential
  • Status: Active
  • Total Units: 3
  • Unit Count: 3
  • Zoning: R6

Utility Features

  • Utility Expense: 532

Financial Features

  • Assessment Fee End Date: 0000-00-00 00:00:00
  • Fuel Expense: 1,770
  • Insurance Expense: 5,838
  • Tax Abatement End Date: 0000-00-00 00:00:00
  • Tax Amount: 5,562
  • Tenant Lease End Date: 0000-00-00 00:00:00
  • Transaction Type: Sale

Interior Features

  • Baths Full: 3
  • Baths Total: 3
  • Baths Total Level 1: 1
  • Baths Total Level 2: 1
  • Baths Total Level 3: 1
  • Beds Total: 13
  • Beds Total Level 1: 4
  • Beds Total Level 2: 4
  • Beds Total Level 3: 5
  • Rooms Total Level 1: 6
  • Rooms Total Level 2: 6
  • Rooms Total Level 3: 7
  • Sq Ft Total: 2,900
  • Stories: 2
  • Total Rooms: 19

Miscellaneous Features

  • Block: 8,812
  • Date Available: 0000-00-00 00:00:00
  • Parcel Number: 88,120,112

Community Features

  • Borough: Brooklyn
  • City: Brooklyn
  • County Or Parish: Kings (Brooklyn)
  • Cross Street Name: E 11th Street
  • Cross Street Name 2: E 12th Street
  • MLS Area Major: Brighton Beach

Exterior Features

  • Building Footprint Sq Ft: 969
  • Building Length: 51
  • Building Type: Detached
  • Building Width: 19
  • Lot Dimensions: 25 x 70
  • Lot Size Length: 70
  • Lot Size Width: 25
  • Lot Sq Ft: 1,750

Location

 
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The listing information for 125 Neptune Ave Avenue, Brooklyn, NY 11235 was graciously provided by our friends at the listing brokerage, City Express Realty LLC

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P&I Payment $3819.32
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Top Properties's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Top Properties, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 06/26/2017 at 9:21am
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