8820 Avenue J Brooklyn NY, 11236 Ps 279 Herman Schreiber
$11,500,000
50 Beds / 50 Full Baths | ML# 3446376
Property Picture

Located in the Canarsie area of Brooklyn. Brick 24 unit building, 2 bed/2 bath each unit. Tenants pay for all utilities except water. All Electric. Low operating expenses. Legal super unit. Additional room in basement with half bath use as accessory office. No boiler, no compactor room, no elevator with additional storage rooms. 421A tax abatement. Great for investor 1031 exchange. NOI $649, 000, Net cap. 5.6%,

    Presented by Perry Rootstein
    Perry Rootstein Licensed Associate Real Estate Broker (516) 220-5640 perryrootstein@kw.com