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Ditmas Park

1096 OCEAN, Unit 17Family

Multi Family - Commercial
42 bed, 17 bath
16,000 SF
For Sale

$2,795,000

Description

  |  Listing ID: 6007520

Introducing 1096 Ocean Avenue a huge 16,000sqFt building with seventeen legal 2br & 3br apartments. Built 50x80 on 50x111 lot zoned R7-A. Can build up an additional 6300sqFt (FARx4 at 22,300sqFt buildable) Monthly RR: 26,453 monthly = 317,436 yearly 19,000 water 2,400 electric 18,000 gas / heat 9,000 insurance 47,000 tax yearly expenses = 110,400 NOI: 222,036 Cap 6.83%

Listing Agent

Nathaniel Smith

Property Details

Status

For Sale

Price

$2,795,000

ASF | SM

16,000 SF | 1,486 SM

Price Per SF

$174

Apartment No

17Family

Rooms

60

Bedrooms

42

Bathrooms

17

Monthly taxes

$3,916

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  • 5 West 37th Street, 12th Floor
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