1409 West 7th Street, BLDG

Bensonhurst   |   Bay Parkway & Avenue O

Price Drop
Mixed Use [Voice Intercom]
$ 5,900,000 [ 9.23% | $ 600,000 ]
Rooms 26
Bedrooms 12
Bathrooms 12.5
Status Active
Listing ID: 33561TH

Property Description

Excellent investment opportunity in prime Bensonhurst! Newly constructed in 2018, the building features 6 residential free-market apartments, a community space that can be value-add for additional amenities, and 2 commercial spaces. Each residential unit features 2 bedrooms, LED lighting, energy efficient appliances, split cooling/heating systems, and floor to ceiling windows that provide an abundance of natural light. In addition, the building also comes with 5 parking spaces and access to the roof which can be enhanced for additional amenity space. Conveniently located next to the N and F trains, shopping, schools, this neighborhood will only continue to increase in value. Current cap rate is 2.3% with below market rents, 3.1% can be achieved, see Offering Memorandum and inquire for details. Great value-add investment or 1031 exchange, call for more details!
Excellent investment opportunity in prime Bensonhurst! Newly constructed in 2018, the building features 6 residential free-market apartments, a community space that can be value-add for additional amenities, and 2 commercial spaces. Each residential unit features 2 bedrooms, LED lighting, energy efficient appliances, split cooling/heating systems, and floor to ceiling windows that provide an abundance of natural light. In addition, the building also comes with 5 parking spaces and access to the roof which can be enhanced for additional amenity space. Conveniently located next to the N and F trains, shopping, schools, this neighborhood will only continue to increase in value. Current cap rate is 2.3% with below market rents, 3.1% can be achieved, see Offering Memorandum and inquire for details. Great value-add investment or 1031 exchange, call for more details!

Listing Courtesy of Douglas Elliman Real Estate

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Apartment Features

A/C

Outdoor

Balcony
1409 West 7th Street Bensonhurst Brooklyn NY 11204

Building Details [1409 West 7th Street]

Ownership Mixed Use
Service Level Voice Intercom
Access Walk-up
Block/Lot 6578/65
Zoning R5B
Building Type Low-Rise
Age Post-War
Year Built 2018
Floors/Apts 3/6
Lot Size 60'x100'

Building Amenities

Driveway
Garage

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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