731 40th Street
731 40th Street Brooklyn, New York 11232 United States

$1,899,000
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Corcoran Country Living

Listing Courtesy of Corcoran Country Living

About 731 40th Street

This Sunset Park 4-family, with easy potential for another unit, is actually two buildings separated by a common garden/yard area. Both buildings are in very good condition with mostly new mechanicals. A really solid investment with a 5 per cent cap rate, as rents in the city just keep rising and rising, or perhaps a development site, with use of air rights and the space between both buildings. (The downstairs unit in the back building merely needs the addition of a stove to make it a legal apartment.) Current leases are six-month leases. Opportunity is knocking here.

Listing Courtesy of Corcoran Country Living, Ulster County Board-Realtors

PROPERTY INFORMATION

Water
1848

ADDITIONAL INFORMATION

Number of Units
4
$1,899,000
Change Currency
4
Bedrooms
4
Full Baths
.11 Acres
Exterior
Multi Family
Property type
1910
Year Built
20222827
Web Id
20222827
MLS ID
New York City Department Of Education
School District
Listing Courtesy of Corcoran Country Living

Corcoran Country Living

Listing Courtesy of Corcoran Country Living

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