OFF MARKET

427 36th (Building)

Kings, Greenwood Heights, New York City, NY

Asking

$1,400,000

BTC

21.755

ETH

439.49

Beds
4
Baths
4
Home Size
2,295 sq. ft.
Year Built
1920
Legal 3 family on a treelined block in prime Greenwood Heights, 17 x 45 on 17 x 100 lot. Currently set up as 3 rentals with a cap rate of 4.5% as is, 5.5% with improvements. Easy to convert to single family or duplex with rental. 3 stories plus finished basement. 1100+ SF in additional FAR. Current Rent Roll Garden Apt: 1 bedroom 1 bath plus oversized backyard ($1900) Apt 2: 1+ bedroom 1 bath plus balcony ($2100) Apt 3: 2 bedroom 1 bath ($1850) ProForma with improvements Garden Apt: $2600 Apt 2: $2500 Apt 3: $2200 Can be delivered vacant or with tenants. About Greenwood Heights: *Greenwood is a well-kept secret for those seeking a quiet and affordable neighborhood with easy and quick access to Manhattan. * One block from express train stop (N, D, R) 2 stops to downtown Manhattan, 20 minutes to Union Square! * Walking distance to hot Industry City, bustling Sunset Park and trendy South Slope. A longer stroll up 4th Ave brings you to Barclays Center and Atlantic Terminal.

LOADING

Location

Market Area
Kings
Neighborhood
Greenwood Heights

Agents

Helen Chee

+1 310 910 1722

Rezwan Sharif

+1 310 910 1722

Contact Email

[email protected]