About This Home
This 0-bedroom, 4-bathroom residential multi family at 177 Moffat in Brooklyn, NY is listed for $2,150,000 ($768 per sqft). Built in 2003, the home offers 2,799 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 2003
- 0.04 acre lot
- 3 stories
Property Details
Amenities
Built in 2003 Free-market three-family investment property Semi-detached brick building Ground-floor (4-bedroom, 2-bathroom) delivered vacant with an approximately 700 SF private backyard - exceptional owner-user opportunity Two occupied 3-bedroom apartments, upgraded with renovated kitchens, modern bathrooms, and new flooring Approx.
2,799 SF building on a 25' x 62.67' lot Full basement R6 zoning with approximately 642 SF of additional buildable area Upgraded common side yard Side yard offers potential to construct two additional units (subject to zoning and approvals) or create parking for two vehicles, with estimated additional income potential of approximately $1,000 per month ($12,000 annually) with a $0 investment.
Strong in-place cash flow with significant rental upside Actual Gross Income: $129,420 | Potential Gross Income: $142,680 Actual NOI: $113,012 | Potential NOI: $140,636.05 Low annual property taxes of approximately $8,451 Just a 2-minute walk to the L train and 3 minutes from the J & Z Prime Bushwick location near many neighborhood amenities Modern
construction with lower anticipated capital expenditures than comparable older multifamily buildings Owner-User Opportunity: Based on a 6.25% mortgage rate, approximately $6,990/month in rental income helps offset your monthly mortgage payment.
Monthly Cost Estimate
$11,499/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
177 Moffat
Brooklyn, NY 11207
Bushwick
Property Details
Flooring
Questions & Answers
This 0-bedroom, 4-bathroom residential multi family at 177 Moffat is listed at $2,150,000 ($768/sqft). The estimated monthly payment is $11,499 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2003, 0.04 acre lot, 3 stories.
This property is listed by Emma Barattini and can be reached at 646-838-1378.
