About 902 42nd Street
Don’t miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40×90 and the lot size is 40×100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.
Features of 902 42nd Street
MLS® #
479190
Bedrooms
32
Bathrooms
16
Full Baths
16
Acres
0.09
Type
Residential
Price
$3,295,000
Building Sqft
14,400
Year Built
1928
Sub-Type
Multi-Family
Community Information
Address
902 42nd Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11219
Listing Map
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