172 Veronica Place

$1,299,000
Price
6
Beds
4
Baths
2,800 Sq. Ft.
$464 / Sq. Ft.
2,800
Sq. Ft.
$464
per Sq. Ft.

Description

This pristine Flatbush semi-detached four-family house is an exceptional opportunity for investors or homebuyers seeking income generated from three additional rental units.
The entire property has been gut-renovated and includes hardwood floors, washer-dryers and stainless-steel appliances, including dishwashers. Electricity and the roof were updated during the building's thorough renovation.
The four separately metered units include two (2) one-bedrooms and two (2) two-bedrooms, including a duplex
...This pristine Flatbush semi-detached four-family house is an exceptional opportunity for investors or homebuyers seeking income generated from three additional rental units.

The entire property has been gut-renovated and includes hardwood floors, washer-dryers and stainless-steel appliances, including dishwashers. Electricity and the roof were updated during the building's thorough renovation.

The four separately metered units include two (2) one-bedrooms and two (2) two-bedrooms, including a duplex with a finished basement and access to the gorgeous backyard.

This property offers very low annual expenses at approximately $10,000 per year and solid rents:
1F - $1,700
1R - $2,200
2F - $2,000
2R - $1,800

Projected Net Income of approximately $79,728 as an investment property — 6.1 percent CAP Rate!

Three units to be delivered vacant: Unit #2R is occupied with an excellent tenant paying $1,800 with a lease in place until July 2021.

Consisting of 2,800 square feet on a 20-foot by 100-foot lot, this property is conveyed with approximately 2,000 square feet of air rights available.
Located on a charming tree-lined street in Flatbush, this building is close to great shopping, dining and services along Flatbush Avenue. Massive Prospect Park is less than a mile away, and 2, 5, B and Q trains provide easy access to the rest of the city.




Listing Agent

  1. Jeff Reyngach

    Jeff Reyngach

    Listing Agent

    Compass

Amenities

  • Walk Up
  • Lowrise

Location

Add your commute
LISTING UPDATED: 12/01/2020 06:53 AM

Property Details for 172 Veronica Place

StatusExclusive Expired
Days on Market162
Taxes$581 / month
Maintenance-
Min. Down Pymt-
Total Rooms13.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1930
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

172 Veronica Pl

4 Units2 StoriesBuilt in 1930

Location

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Building Information for 172 Veronica Place

Stories2Year Built1930Building Size20' x 70'Building Sq. Ft2,800 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-Senior Community-

Payment Calculator

$7,670 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,089

Property Taxes

$581

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 172 Veronica Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 172 Veronica Place

Taxable ValueLand-Additions-Total-
Home Facts
APN3051360024

Schools near 172 Veronica Place

This home is within Nyc Geog District #17 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 399 Stanley Eugene Clarke
PublicK to 5

Ms 246 Walt Whitman
Public6 to 8

Academy of Hospitality and Tourism
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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