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42 S Lincoln Avenue

Cypress Hills, NY 11208
  • $1,349,900
  • STATUS: Active
  • ON SITE: 182 Days
  • MLS #: 3306062
UPDATED: 17 min ago
$1,349,900
  • 12
    BEDS
  • 0.05
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 4,860
    SQFT
  • $278
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Ratings & Info

School District:

Description

Great income potential building with 6 total rental units. There are a total of 6 2 bedroom apartments producing a total income of 93,401 per year. The net operating income after expenses is $61,068.91. Each apartments is well maintained by cooperative tenants. All tenants pay their own electric and cooking gas. New roof aged only 5 years with new rubberized coating.

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Points North - Team Galligan. Data last updated: 2021-10-23T19:16:43.15.
www.thegalligangroup.com/homes/116401778
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42 S Lincoln Avenue Cypress Hills, NY 11208

  • Price: $1,349,900
  • Status: Active
  • Updated: 17 min ago
  • MLS #: 3306062
12
Beds
6
Baths
1
½ Baths
0.05
Acres
4,860
SQFT
$278
$/SQFT
1925
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
School District:
Brooklyn 19
Property Description
Great income potential building with 6 total rental units. There are a total of 6 2 bedroom apartments producing a total income of 93,401 per year. The net operating income after expenses is $61,068.91. Each apartments is well maintained by cooperative tenants. All tenants pay their own electric and cooking gas. New roof aged only 5 years with new rubberized coating.
Exterior Features

Architectural Style Colonial Construction Materials Brick Garage YN No Lot Size Dimensions 27X85 Parking Features None

Interior Features

Appliances Refrigerator Basement Full Fireplaces Total 0 Heating OilSteam Interior Features Eat-In Kitchen Number Of Kitchens 6 Rooms Total 24

Property Features

Inclusions RefrigeratorSecond Stove Lease Considered YN No Property Attached YN Yes Property Condition Very Good Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Separate Hotwater Heater Detail No Tax Annual Amount 12209.00

Listing courtesy of Jeffrey Langer of Weichert Realtors Langer Homes.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Points North - Team Galligan. Data last updated: 2021-10-23T19:16:43.15.
 
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