About This Home
This 12-bedroom, 6-bathroom residential multi family at 2047 78th Street in Brooklyn, NY is listed for $1,419,000 ($253 per sqft). Built in 1924, the home offers 5,600 sqft of living space on a 0.06 acres lot.
Key Features
- Built in 1924
- 0.06 acre lot
- 3 stories
Property Details
Amenities
Welcome to this excellent 6-family brick investment property located in the heart of Bensonhurst, Brooklyn. The property features six spacious two-bedroom apartments, providing a strong and consistent income stream. In addition, the building offers two separately rented basement storage areas, creating additional income potential.
The property currently generates approximately $11,230 per month in gross rental income, or $134,760 annually. Annual expenses are approximately $45,100, resulting in an estimated NOI of $89,660 and a 6.18% cap rate.. The building is well positioned near shopping, restaurants, public transportation, and the vibrant 86th Street commercial corridor.
A strong opportunity for investors seeking a stabilized multifamily asset with additional income and future upside. Serious investors are encouraged to inquire for additional financial details.
Monthly Cost Estimate
$7,589/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2047 78th Street
Brooklyn, NY 11214
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Questions & Answers
This 12-bedroom, 6-bathroom residential multi family at 2047 78th Street is listed at $1,419,000 ($253/sqft). The estimated monthly payment is $7,589 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1924, 0.06 acre lot, 3 stories. Interior Features: Refrigerator, Stove.
This property is listed by Mari Mineh and can be reached at 9174493902.