OFF MARKET
427 36th (Building)
Kings, Greenwood Heights, New York City, NY
OFF MARKET
Asking
$1,400,000
BTC
14.175
ETH
417.12
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