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(917) 719-1715
WealthWise Realty
196 Lawrence Avenue, Brooklyn, NY 11230
- $1,550,000
- List Price
- $1,550,000
- Status
- ACTIVE
- MLS#
- 1059104
- Year Built
- 1931
- Acres
- 0.05
Property Description
Excellent investment opportunity at 196 Lawrence Street! Recently renovated six unit property generating approximately $144,000 in annual income, with approximately $40,000 in annual expenses. Features a finished basement with walk-in access and windows. Well-maintained, income-producing property offering strong cash flow and excellent investment potential. A great opportunity for investors. New leases for 2 years in place Ownerf iling to remove the DHCR and rent controll on the building Air rights to add aditional floor and a half.
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Additional Information
- Taxes
- $17,739
- Lot Size
- 2,354
- Heating
- Steam
- Cooling System Type
- Wall/Window Unit(s)
- Sewer
- Public Sewer
- Water Source
- Public
- Basement
- Finished, Walk-Out Access
Mortgage Calculator
Listing courtesy of Listing Agent: Eidel Moses (EidelMoses2@gmail.com) from Listing Office: Keller Williams Valley Realty.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.