902 42nd St Brooklyn, NY 11219

Multi-Family (2-4 Units) MLS #: 11262042 Courtesy Of REMAX REAL ESTATE PROFESSIONALS

$3,395,000

32 beds | 16 baths | 14,400 sq ft
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Est. Property Tax: $62,674
Estimated monthly payments: $20,064/mo.* (recalculate)

Property InformationDescription

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 40x90 and the lot size is 40x100. 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

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Appliances: Oven, Refrigerator
  • Architecture Style: Other
  • Exterior Type: Brick
  • Floor Covering: Hardwood
  • Heating Fuel: Natural Gas
  • Heating System: Steam
  • Roof Type: Unknown
  • Rooms: Basement, Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Living Room

MAP & DIRECTIONS

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902 42nd St, Brooklyn, NY 11219
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School Information

902 42nd St, Brooklyn, NY 11219

Elementary School
Grades PK-5 | Public School
P.S. 131 BROOKLYN
Brooklyn, NY 11219
4305 Fort Hamilton Pkwy
718.­431.1960
Distance: 0.3 mi
School Rating
B+
Student:Teacher Ratio
13:1
Total Students
749
Middle School
N/A
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Bnos Margulia Viznitz - Dba Of Yeshiva Imrei Chaim 0.1 mi Private PK-12
Shema Kolainu-hear Our Voices 0.2 mi Private PK
Nesivos Bais Yaakov 0.2 mi Private PK-8
West Brooklyn Community High School 0.2 mi Public 10-12 D-
P.s. 169 Sunset Park School 0.3 mi Public KG-5 A-
J.h.s. 220 John J Pershing 0.3 mi Public 6-8 A
Yeshiva & Mesifta Viyoel Moshe 0.4 mi Private 9-12
School Of Creativity And Innovation (the) 0.4 mi Public PK-2 B-
P.s. 160 William T. Sampson School 0.5 mi Public KG-5 A
Talmud Torah Drabinu Yoel 0.6 mi Private KG-3
P.s. 94 The Henry Longfellow School 0.6 mi Public KG-5 B-
United Talmudial Academy Of Boro Park 0.6 mi Private 1-6
Talmud Torah Ohel Yochanan 0.7 mi Private PK-8
P.s. 24 Brooklyn 0.7 mi Public KG-5 B-
Bais Chaya Esther 0.7 mi Private PK-11
Baisyaakov Secondary School 0.7 mi Private PK-8
P.s. 164 Caesar Rodney 0.7 mi Public KG-5 A
Congregation Bnos Chaya 0.8 mi Private PK-5
Viznitzer Chaider Tiferes Yisroel 0.8 mi Private PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Brooklyn, NY 11219

Median Age: 28.4
Married: 66%
Number of Households: 26,837
Households with Children: 48.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.