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For Sale

$1,100,000

90 days on market

140 E 52nd Street

Brooklyn, NY 11203

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1930

Built

Listing narrative

Description

INVESTOR SPECIAL – MASSIVE UPSIDE POTENTIAL. - Brick and Stucco - 6 Unit Apartment Building Home delivered as is. There are current tenants living in units. Current rents are significantly below market value, providing a prime "value-add" opportunity for an investor to stabilize and increase the rent roll over time. Building features over 5500 sq. ft. of living space plus a full-height basement. Sold strictly AS-IS. No representations will be made regarding the delivery of vacant units; buyer to perform their own due diligence regarding tenancies and lease terms. Tenants are month-to- month This is a fully occupied 6unit apartment building, please do not disturb tenants. No Access… Price reflects.. Please text or email the listing agent for info. Improvements are new heating system, hot water heaters, sewer line, some windows and new gas meters. New fully renovated basement. Home currently well maintained.

Listing agent (MLS): Lisa Pellegrino · Listing brokerage (MLS): Douglas Elliman Real Estate

Property Details

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Price

$1,100,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

3,001 sqft

Year

1930

Status

For Sale

Days on Market

90

· 8% down, 7% APR, 30yr fixed
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Courtesy of Douglas Elliman Real Estate