About 814 44 Street
LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase, wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,996 (updated 12/24). N.O I. = $114,479. CAP RATE = 6.2%. FULL REPORT & INTERIOR VIDEO AVAILABLE.
Features of 814 44 Street
| MLS® # | H6295774 |
|---|---|
| Price | $1,850,000 |
| Bathrooms | 0.00 |
| Internal Footage | 8,100 |
| Square Footage | 2462 |
| Acres | 0.00 |
| Year Built | 1931 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 814 44 Street |
|---|---|
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | NY |
| Zip Code | 11220 |
Amenities
| Utilities | Trash Collection Public |
|---|---|
| Parking | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Natural Gas, Radiant |
| Cooling | None, Wall/Window Unit(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Walk-Out Access |
Exterior
| Lot Description | Near School, Near Shops, Near Public Transit, Level |
|---|---|
| Construction | Brick |
School Information
| District | Brooklyn |
|---|---|
| Elementary | Contact Agent |
| Middle | Contact Agent |
| High | Contact Agent |
Additional Information
| Date Listed | April 23rd, 2024 |
|---|---|
| Days on Market | 337 |
| Zoning | R6 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Listing Provided Courtesy of | Keller Williams Realty NYC Grp |
|---|