Property Listing No Longer Available for Sale

2809 Bragg Street, Brooklyn, NY

Multi-family for Sale - $1,250,000 - 2,966 Sq. Ft. on 0.05 acres


Property Info

CIMLS #1028354
Location2809 Bragg Street
Brooklyn NY 11235
Last UpdatedOctober 6th, 2018
TypeMulti-family
Price$1,250,000
Building2,966 Sq. Ft.
Land0.05 acres
DemographicsView data

Property Description

Coldwell Banker Reliable Commercial Division is pleased to offer 2809 Bragg Street for sale. A 3 unit, 3 story multifamily located in the Sheepshead Bay neighborhood of Brooklyn. The property features 3 parking spaces, a large backyard, deck, pool and garden area.

Investment Highlights:

 Projections: 6.2% Cap Rate / $88,980 Gross Revenue / $78,050 Net

Income.

 2,966 SF three story property on 2,201 SF lot, 22ft x 100ft.

 3 parking spaces, a large backyard, deck, pool and garden area.

 1st Floor: 1 bedroom / 1 bath

 2nd Floor: 3 bedroom / 2 bath / access to front terrace and backyard 3rd Floor: 3 bedroom / 1 + 1/2 bath / access to front terrace.

 1st and 2nd floor delivered vacant. 3rd Floor paying $2,200 + utilities.


Financials

Projections: 6.2% Cap Rate / $88,980 Gross Revenue / $78,050 Net Income.



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