812 54th Street

Sunset Park

$13,000,000
Price
Beds
20,000 Sq. Ft.
$650 / Sq. Ft.
20,000
Sq. Ft.
$650
per Sq. Ft.

Description

Are you looking for a lucrative investment in the real estate market? Look no further! We are excited to present a remarkable income-generating property that offers not only a strong potential for capital appreciation but also a steady stream of income. The property's high occupancy rate ensures a consistent rental income, making it an attractive and low-risk investment. This high-income real estate building is a compelling investment opportunity that combines consistent cash flow with future growth...Are you looking for a lucrative investment in the real estate market? Look no further! We are excited to present a remarkable income-generating property that offers not only a strong potential for capital appreciation but also a steady stream of income. The property's high occupancy rate ensures a consistent rental income, making it an attractive and low-risk investment. This high-income real estate building is a compelling investment opportunity that combines consistent cash flow with future growth potential. Whether you are an experienced real estate investor or looking to add to your portfolio, this property offers an excellent balance of income and appreciation potential. Act now and secure your future in the ever-thriving real estate market. Contact us today to schedule a viewing and learn more about this incredible investment opportunity. Building is 40x95, Total building sf is approx 20k. Goi $671,547. Don't miss out on this chance to secure your financial future! Prime location in a thriving and rapidly growing 8th ave!
  1. Listed by Raymond Ng • Ashford Homes LLC • Other
  2. Listed by Ling Jin (Janet) Yang • Ashford Homes LLC

Amenities

  • Private Outdoor Space
  • Midrise
  • Parking Included

Location

Listing Courtesy of Ashford Homes LLC
Add your commute
LISTING UPDATED: 03/25/2024 01:41 PM

Property Details for 812 54th Street

StatusActive
MLS ID477693
Days on Market194
Taxes$160,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMixed Use
MLS TypeMixed Use
Year Built2000
Lot Size4,000 SF / 40' x 100'
CountyKings County

Building

812 54th St

5 Units5 StoriesBuilt in 2000

Location

Listing Courtesy of Ashford Homes LLC
Add your commute

Building Information for 812 54th Street

Stories5Residences5Year Built2000Lot Size4,000 SF / 40' x 100'Building Age-Building Type-

Payment Calculator

$84,280 per month

30 year fixed, 7.25% Interest

Principal and Interest

$70,946

Property Taxes

$13,333

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 812 54th Street

Summary
Location and General Information
  • Number Of Stories: 5
  • Cross Street Name: 8th Ave
  • Zoning: r6
  • Roof: Flat
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Other
Taxes and HOA Information
  • Financing: 1031 Exchange, Assumption, Bank Mortgage, Cash
  • Tax Amount: 160000.0
  • Cap Rate: .04%
Property
Lot Information
  • Sq Ft Total: 20000
  • Yard: Back
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 40
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Hot Air
  • Heating Fuel: Gas
  • AC Units: 0
  • Hot Water: Gas
  • Utility Expense: 9000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished
  • Commercial Features Interior: Other
  • Foundation Details: Other
  • Flooring: Hardwood
  • Unit Count: 0
  • Lavatories: Other
  • Construction Materials: Brick
  • Electric: 220 V
  • Ceiling Height: Other
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 3800.0
  • Building Length: 95.0
  • Building Type: Attached
  • Building Width: 40.0
Agent
Agent Information
  • Net Operating Income: 508587.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 12500.0
  • Owner Occupied: No

Property History for 812 54th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 812 54th Street

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 160 William T Sampson
PublicK to 5

Jhs 220 John J Pershing
Public6 to 8

Franklin Delano Roosevelt High School
Public9 to 12

I.S. 187 The Christa Mcauliffe School
Public6 to 8

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.

Similar Homes

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Similar Sold Homes

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812 54th Street is a mixed use property for sale in Sunset Park. This property was listed for sale on October 19, 2023 by Ashford Homes LLC, it's currently listed at $13,000,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 160 William T Sampson, Jhs 220 John J Pershing and Franklin Delano Roosevelt High School. 812 54th Street is a 0-bed, 0-bath, 20,000 sqft mixed use property built in 2000.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ashford Homes LLC

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.