814 44th Street, Sunset Park

$2,100,000

14 Beds
9 Baths
8,100 Sqft
.06 Acres
0 Garages

LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% 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 with 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 Manhattan skyline & a back yard area. GROSS POTENTIAL RENT = $175,445. NET OPERATING INCOME = $101,262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.

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Essential Information
MLS® #H6295774
Price$2,100,000
Bedrooms14
Bathrooms9.00
Full Baths9
Square Footage8,100
Acres0.06
Year Built1931
TypeResidential Income
Sub-TypeMulti Family
StatusActive
Community Information
Address814 44th Street
CitySunset Park
CountyBrooklyn
StateNY
Zip Code11220
Amenities
ParkingOn Street
Interior
InteriorHardwood
HeatingNatural Gas, Hot Water
CoolingNone, Window Unit(s)
Has BasementYes
BasementFull, Walk-Out Access
Exterior
Lot DescriptionLevel, Near Public Transit
ConstructionBrick
School Information
DistrictBrooklyn 14
ElementaryCall Listing Agent
MiddleCall Listing Agent
HighCall Listing Agent
Additional Information
Date ListedApril 23rd, 2024
Days on Market23
Listing Details
Listing Courtesy ofKeller Williams Realty NYC Grp
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Listing information last updated on May 16th, 2024 at 9:10pm CDT.