Address
32 Fountain Avenue, Cypress Hills, NY
Price
$ 2,050,000
Property Attributes
  • MLS#3528810
  • TypeCommercial
  • CountyBROOKLYN
  • CityCypress Hills
  • Zip11208
  • Style
  • Year Built2018
  • Taxes$ 46470
  • Price$ 2,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6700
  • Lot Size0.11 Acres
Data Source:
OneKey® MLS
Property Description

Introducing This Money Maker Building With Cap Rate of 7%, Year Built 2018, This is Fully Detached Brick and Stucco New Construction Building Comprising of 7 Free Market Rental Units With 5 Parking Spots! The Building is Fully Tenants Occupied, and is Approximately 6,713 Square Feet. The Apartment Room Counts Are as Follows: One 3 Bedroom Unit. Three 2 Bedroom Units. Three 1 Bedroom Units. All of the Apartments Are Fully Renovated With Modern Appliances and Finishes, Including Their Own Fujitsu Split Hvac System, Hardwood Floors, Dishwashers, Granite Counter Tops, Oven, Bathtubs, Walk-in Closets, Double Pane Windows, Intercoms, and Much More. Building is Conveniently Located Near the a and J Trains, Buses, the Highland Park Community Garden, Banks, Grocery Stores, Deli's Bars, Movie Theaters, Pharmacies, Restaurants, and Other Desirable Services. Full Rent Roll Breakdowns and Expenses Will Be Provided for Interested Parties. Can't Miss the Opportunity to Own a Building WHICH IS NOT RENT STABILIZATION!!! A Must See

Price History
2/1/2024 Listed $2,299,000
3/29/2024 5% - $2,195,000
4/19/2024 7% - $2,050,000

General Features

NumberOfUnitsTotal 7
Lot Size Units Acres
Building Area Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 11208

Price
AVG $1.3M
$2.05M
Taxes
AVG $14,170
$46,470
Visits
AVG 151
112
Data Provided by Inside Real Estate®
Year Built
AVG 1940
2018

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