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113 Belmont Ave, Brooklyn, NY 11212

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ID: 22
113 Belmont Ave, Brooklyn, NY 11212
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$1,450,000.00
Earnest Money Deposit: $25,000

(Currently Sold Out. Inquire for availability)
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Property Description

Introducing 113 Belmont Ave - a prime Mixed-Use property in the heart of Brooklyn, NY. This well-maintained building boasts 3,000 sq. ft., featuring 1 commercial unit and 2 spacious four-bedroom, one-bath apartments. The property generates an impressive $96,000 in income with low expenses, offering a solid NOI of $87,479. With a desirable Cap Rate of 6.03%, this investment opportunity is a lucrative option. Noteworthy features include a newly replaced roof, as well as updated boilers and hot water tanks, ensuring low maintenance costs for the new owner. The property is conveniently located in an area with high demand, making it an attractive choice for investors looking to expand their portfolio. Don't miss out on the chance to own 113 Belmont Ave - where location, income potential, and quality meet to offer a sound investment opportunity.

BUILDING INFORMATION

  • 3,000
  • 100%
  • 3
  • 1
  • 3
  • 1930
  • 1,307
  • $483,333.33

PROPERTY TYPE

  • Mixed Use
  • Multifamily
  • C
  • R6
  • 100%

PRICING

  • 3,000
  • $483.33
  • 6.03%
  • $87,479