125 Neptune, Brooklyn

$1,250,000

13 Beds
0 Baths
2,907 Sqft
0 Acres
0 Garages

Golden investment opportunity!! This spectacular fully DETACHED, 3-family, solid brick house in prime Brighton Beach boasts extremely high rental income and low expenses, racking in a 7%+ CAP RATE AFTER all expenses. It's 19x51 building size on a 25x70 lot. R6 zoning. Newly stucco exterior and updated roof. This 3-story building fully rented out with lease collecting, currently collecting over $100k annually. Level 1: 4 bedrooms, 1.5 bath rented out for $2,871/mo. Level 2: 4 bedrooms and 1.5 bath, rented out for $2,881/mo. Level 3: 5 bedrooms and 1.5 bath rented out for $2,625/mo. This well-maintained newly updated building located on a high traffic avenue that is within steps to all the conveniences. Conveniently near to the stunning Emmons Avenue Promenade. Easily accessible to all shopping, bars, cafes, movie theater, yacht club, and restaurants Brighton Beach has to offer. Close proximity to Belt parkway, local buses and Q & B train. Nearby schools include I.S. 98 Bay Academy & Kingsborough Community College. Don’t miss out on this RARE IMMENSE INVESTMENT OPPORTUNITY to own a piece of Brighton Beach, Brooklyn. BUY AS IS. DRIVE BY SHOWING ONLY!

Essential Information
MLS® #443194
Price$1,250,000
Bedrooms13
Bathrooms0.00
Full Baths3
Half Baths3
Square Footage2,907
Year Built1915
TypeMulti-Family
Sub-TypeMulti-Family
StatusActive
Community Information
Address125 Neptune
AreaBrighton Beach
CityBrooklyn
CountyKings (Brooklyn)
StateNew York
Zip Code11235
Amenities
AmenitiesNONE
Features

Refrigerator, Stove, A/C Unit - Window

Interior
InteriorHardwood, Tile
AppliancesRefrigerator, Stove
HeatingHot Water
BasementWalk-in
Exterior
ExteriorStucco
RoofRubber
ConstructionOther
FoundationPoured Concrete
Additional Information
Date ListedSeptember 15th, 2020
Days on Market201
ZoningR6
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Listing courtesy of Momentum Real Estate LLC

© 2021 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: April 20th, 2021 at 9:45am EDT

Listing courtesy of Momentum Real Estate LLC

© 2021 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: April 20th, 2021 at 9:51am EDT

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