718-249-6514

125 Neptune Avenue
Brooklyn, NY 11235

Multi-Unit
    $1,490,000
    Est. P&I payment: $5690.79/mo
    125 Neptune Avenue, Brooklyn, NY 11235
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    Description for 125 Neptune Avenue, Brooklyn, NY 11235
    A large 2,900 Sq. Ft, 3 Family detached building conveniently located in the Prime of South Brooklyn, on the Northern side of Neptune Ave between E 11th and E 12th Streets, steps away from all the shopping, transportation, schools, houses of worship, parks, few blocks away from the sandy beach and both promenades - Manhattan/Brighton Beach and Emmons Avenue, with all the attractions and restaurants. The building consists of 5 BDR, 4 BDR and 4 BDR apartments. The property is in a great condition and 100% occupied. The Gross Annual Income (GAI) is $84,288. Total Annual Expenses are $16,942. Net Operating Income (NOI) is $67,346 with CAP Rate 6.73%. Tenants pay electric, gas and hot water bills individually. Property also comes with 5,750 buildable Sq. Ft. of additional air rights. It is a perfect opportunity for the owner/user or savvy investor to purchase this money making property"
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    My Notes for MLS #412390

    General Features

    • Number Of Families: 3
    • Owner Occupied: No
    • Property Sub Type: Multi-Family
    • Property Type: Residential
    • Status: Active
    • Unit Count: 3

    Utility Features

    • AC Units: 3
    • Electric: 220 V
    • Hot Water: Gas

    Financial Features

    • Assessment Fee End Date: 0000-00-00 00:00:00
    • Financing: Bank Mortgage,​Cash
    • Heat Delivery: Other
    • Heating Fuel: Gas
    • Tax Abatement End Date: 0000-00-00 00:00:00
    • Tenant Lease End Date: 0000-00-00 00:00:00
    • Transaction Type: Sale

    Interior Features

    • Basement Amenities: Walk-in
    • Baths Full: 3
    • Flooring: Other
    • Residential Features: A/C Unit

    Miscellaneous Features

    • Date Available: 0000-00-00 00:00:00
    • Handicap Access YNU: Yes
    • Sale Type: Arm's Length

    Community Features

    • Borough: Brooklyn
    • City: Brooklyn
    • County Or Parish: Kings (Brooklyn)
    • Cross Street Name: EAST 12st
    • MLS Area Major: Brighton Beach

    Exterior Features

    • Building Amenities: Deck Rooftop
    • Building Type: Detached
    • Construction Materials: Brick
    • Exterior: Brick
    • Foundation Details: Block
    • Lot Dimensions: 25x70
    • Lot Size Irregular YN: 1
    • Lot Size Length: 70
    • Lot Size Width: 25
    • Lot Sq Ft: 1,750
    • Roof: Rubber
    • Yard: Back

    Location

     
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    The listing information for 125 Neptune Avenue, Brooklyn, NY 11235 was graciously provided by our friends at the listing brokerage, Property Zone Realty Inc.

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    P&I Payment $5690.79
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Green Light's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Green Light, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 08/22/2017 at 4:03pm
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