PS 503 the School of Discovery, NY homes for sale & real estate

PS 503 the School of Discovery, NY Homes for Sale

Presenting an exceptional investment opportunity, a distinguished six-family residence nestled in the vibrant Sunset Park neighborhood of Brooklyn. This rent-stabilized property offers a compelling investment opportunity, boasting a current capitalization rate of 5.7%, with projections indicating potential growth to 6.5% or higher. Constructed in 1931, this multi-family home encompasses approximately 4,551 square feet of living space on a 2,000 square foot lot. Its prime location places it amidst a plethora of retail stores, diverse shops, and a variety of restaurants along 4th, 5th, and 8th Avenues, providing residents with unparalleled convenience. The property is strategically situated j

PS 503 the School of Discovery, NY Homes for Sale

GREAT OPPTUNITIES FOR INVERTORS TO OWN A NEW BUILDING 7 STOIES BUILDING SIZE 20X66 TOTAL 9240 SQUARE FEET PLUS FINISHED BASEMENT. 4 PARKING SPACES. 12 FAMILIES, 6 OF THEM 1 BEDROOM AND 6 OF THEM 2 BEDROOMS HIGH INCOME STREAM. THE CAP RATE IS NOW 6.2%. ITS BUILT WITH SOLID STEAL AND CONCRET FLOORING. EXCELLENT SOUND PROVED. ELERATOR, LAUNDRY AREA. LOCATS RIGHT OFF 4TH AVE. ITS FORMING FOR NEXT PARKSLOPE. VERY CONVIENACE FOR COMMUTE TO MANHATTAN. 2 BLOCKS TO 59TH STREET'S N, D AND R TRAINTS STATIONS. TENANTS PAY THIER ALL UTILITIES. OWNER IS VERY MOTIVATED TO SELL AND WILLING TO HEAR ANY OFFER. CALL ME FOR A COMPLETE SET UP

PS 503 the School of Discovery, NY Homes for Sale

Land for sale, Zoning R6A, C1-3, potential for 10 condos and 2 commercial spaces.

PS 503 the School of Discovery, NY Homes for Sale

6 family brick building, 3 - 1 bedroom, 3 - 2 bedroom apartments