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3520 Newkirk Avenue

Brooklyn, NY 11203
  • $2,500,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 807454
UPDATED: 41 min ago
$2,500,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1931
County:
Area:

Description

Solid Investment opportunity in Brooklyn. Great way to gain a footprint in the market in this very well maintained 24 unit, 4 story walk up, 100% occupied and rent stabilized. Consisting of 1 bedroom units, offering two distinctive styles. Pristine hallways and common areas. All doors replaced and upgraded. Dual heating and fully operational on gas. Set up and DHCR available for review.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2025-03-24T11:17:57.33.
www.padernachtrealestate.com/homes/159040199
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3520 Newkirk Avenue Brooklyn, NY 11203

  • Price: $2,500,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 41 min ago
  • MLS #: 807454
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1931
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
Elementary School:
Brooklyn Arts And Science Elementary
Middle School:
Acad For College Prep And Career Exp
High School:
Acad For College Prep And Career Exp
School District:
Brooklyn 17
Property Description
Solid Investment opportunity in Brooklyn. Great way to gain a footprint in the market in this very well maintained 24 unit, 4 story walk up, 100% occupied and rent stabilized. Consisting of 1 bedroom units, offering two distinctive styles. Pristine hallways and common areas. All doors replaced and upgraded. Dual heating and fully operational on gas. Set up and DHCR available for review.
Exterior Features

Construction Materials Brick Cross Street Brooklyn Lot Features Stone/Brick Wall Property Attached YN No Stories Total 4 Waterfront YN No

Interior Features

Appliances Gas Water HeaterRefrigerator Basement Details Full Basement YN Yes Cooling None Elevator YN No Number Of Heating Zones 1

Property Features

Additional Fees YN No Additional Parcel YN No Annual Rental Income 282482 Building Area Total 18936 Electric Company Con-Edison Financial Year 2024 Fuel Expense 13000 Heating Natural GasRadiant Insurance Expense 15000 Lot Size Area 5250 Net Operating Income 154078 Number Of Separate Electric Meters 24 Number Of Separate Gas Meters 24 Operating Expense 128404 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Sprinkler System YN No Tax Annual Amount 70404 Tax Source Municipality Total Vacancies 0 Utilities Trash Collection Public Water Access YN No Water Sewer Expense 27000 Water Source Public

Listing courtesy of Nicole J. Myrie of Coldwell Banker American Homes: 516-302-8500
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2025-03-24T11:17:57.33.
 
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Keller Williams Realty NYC Group
2300 Eastchester Road
Bronx NY, 10469