2877 West 20 Street Brooklyn, NY 11224

Multi-Family (2-4 Units) MLS #: 11284331 Courtesy Of Brooklyn Real Property, Inc.

$1,350,000

2 baths | 2,200 sq ft
Print property details Share
Estimated monthly payments: $5,901/mo.* (recalculate)

Property InformationDescription

Coney Island Brick 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. stabilized units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. There is plenty of upsides in rental increases. Current Monthly income $ 11,461.00 Yearly $ 137,532.00 Income Gross Expense $ 28,568.00 CURRENT CAP RATE 7% huge backyard with additional room to build guest room! New roof, Sprinkler system, Gas Boiler (Recently Converted to gas from Oil) Stairways & many apartments are modernize & updated! 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! BRP Exclusive! Just unpack & collect rent! Actual Financials: current DHCR Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few minutes away -Near train, shopping off Neptune Avenue as well as the beach! Very well-maintained building with no violation! DHCR available - all tenant are CURRENT & pays on time

Features

  • Amenities: Dock
  • Architecture Style: Other

MAP & DIRECTIONS

Get Directions
2877 West 20 Street, Brooklyn, NY 11224
View Directions

School Information

2877 West 20 Street, Brooklyn, NY 11224

Elementary School
Grades KG-8 | Public School
P.S. 288 SHIRLEY TANYHILL SCHOOL
Brooklyn, NY 11224
2950 W 25th St
718.­382.2100
Distance: 0.4 mi
School Rating
C
Student:Teacher Ratio
11:1
Total Students
548
Middle School
Grades 6-8 | Public School
I.S. 228 DAVID A. BOODY
Brooklyn, NY 11223
228 Avenue S
718.­375.7635
Distance: 1.8 mi
School Rating
A-
Student:Teacher Ratio
15:1
Total Students
1595
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Liberation Diploma Plus 0.1 mi Public 9-12 F
Mark Twain Intermediate School 239 For The Gifted And Talented 0.3 mi Public 6-8 A-
P.s. 90 Edna Cohen School 0.4 mi Public PK-5 C
P.s. 329 Surfside School 0.5 mi Public KG-5 D-
P.s. 188 Michael E. Berdy School 0.7 mi Public KG-5 F
P.s. 212 Lady Deborah Moody School 0.7 mi Public PK-5 B
John Dewey High School 0.8 mi Public 9-12 D+
Ps 721 Brooklyn Occupational Training Center 0.8 mi Public KG-12
P.s. 100 Coney Island School 0.8 mi Public KG-5 B
I.s. 303 Herbert S. Eisenberg 0.8 mi Public 6-8 B
Coney Island Preparatory Public Charter School 0.8 mi Public KG-12 B-
Rachel Carson High School For Coastal Studies 0.9 mi Public 9-12 D
Ps 370 0.9 mi Public KG-12
Abraham Lincoln High School 1.1 mi Public 9-12 D
Life Academy High School For Film And Music 1.1 mi Public 9-12 C+
Expeditionary Learning School For Community Leaders 1.1 mi Public 9-12 B-
Kingsborough Early College School 1.1 mi Public 6-12 B
High School Of Sports Management 1.1 mi Public 9-12 D
Big Apple Academy 1.2 mi Private TKG-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Brooklyn, NY 11224

Median Age: 48.3
Married: 36%
Number of Households: 18,232
Households with Children: 22.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.