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  • Fair Housing
  • 125 Neptune Avenue
  • $ 1,250,000
125 Neptune Avenue Brighton Beach Brooklyn NY 11235

125 Neptune Avenue

Brighton Beach   |   East 11th Street & East 12th Street

125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235

Key Details

Building for sale
$ 1,250,000
Ownership Multi-Family
Lot Size 25'x70'
Status Active
Real Estate Taxes [Per Annum] $ 6,773
Building Size 19'x51'
Year Built 1915
ASF/ASM 2,907/270
 

Care to take a look at this property?

Joseph Baglio

License

Broker/Partner

W: 718-797-2222
125 Neptune Avenue Brighton Beach Brooklyn NY 11235

Property Description

Golden investment opportunity!! This spectacular fully DETACHED, 3-family, solid brick house in prime Brighton Beach boasts extremely high rental income and low expenses, racking in a 7%+ CAP RATE AFTER all expenses. It's 19x51 building size on a 25x70 lot. R6 zoning. Newly stucco exterior and updated roof. This 3-story building fully rented out with lease collecting, currently collecting over $100k annually. Level 1: 4 bedrooms, 1.5 bath rented out for $2,871/mo. Level 2: 4 bedrooms and 1.5 bath, rented out for $2,881/mo. Level 3: 5 bedrooms and 1.5 bath rented out for $2,625/mo. This well-maintained newly updated building located on a high traffic avenue that is within steps to all the conveniences. Conveniently near to the stunning Emmons Avenue Promenade. Easily accessible to all shopping, bars, cafes, movie theater, yacht club, and restaurants Brighton Beach has to offer. Close proximity to Belt parkway, local buses and Q & B train. Nearby schools include I.S. 98 Bay Academy & Kingsborough Community College. Don’t miss out on this RARE IMMENSE INVESTMENT OPPORTUNITY to own a piece of Brighton Beach, Brooklyn.
Golden investment opportunity!! This spectacular fully DETACHED, 3-family, solid brick house in prime Brighton Beach boasts extremely high rental income and low expenses, racking in a 7%+ CAP RATE AFTER all expenses. It's 19x51 building size on a 25x70 lot. R6 zoning. Newly stucco exterior and updated roof. This 3-story building fully rented out with lease collecting, currently collecting over $100k annually. Level 1: 4 bedrooms, 1.5 bath rented out for $2,871/mo. Level 2: 4 bedrooms and 1.5 bath, rented out for $2,881/mo. Level 3: 5 bedrooms and 1.5 bath rented out for $2,625/mo. This well-maintained newly updated building located on a high traffic avenue that is within steps to all the conveniences. Conveniently near to the stunning Emmons Avenue Promenade. Easily accessible to all shopping, bars, cafes, movie theater, yacht club, and restaurants Brighton Beach has to offer. Close proximity to Belt parkway, local buses and Q & B train. Nearby schools include I.S. 98 Bay Academy & Kingsborough Community College. Don’t miss out on this RARE IMMENSE INVESTMENT OPPORTUNITY to own a piece of Brighton Beach, Brooklyn.

Listing Courtesy of Momentum Real Estate LLC

Joseph Baglio

License

Broker/Partner

W: 718-797-2222

Apartment Features

A/C [Window Units]
Hardwood Floors
Walk-in Closet

Mortgage Calculator in [US Dollars]

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Loan Amount

125 Neptune Avenue Brighton Beach Brooklyn NY 11235
125 Neptune Avenue Brighton Beach Brooklyn NY 11235

Building Details [125 Neptune Avenue]

Ownership Multi-Family
Block/Lot 8812/112
Building Size 19'x51'
Zoning R6
Year Built 1915
Lot Size 25'x70'
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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