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$1,778,075
List Price: $1,795,000
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1526 Pacific Street
Condo in Crown Heights •  building info
22bd • 8ba
Buy with Yoreevo

$1,778,075

List Price

$1,795,000

Key Details
Days on market
75
Last price change
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Estimated payment
$11,531
Taxes
$1,053
Monthly common charges
$0
Description
Ideal investment opportunity in the heart of Crown Heights at 1526 Pacific Street. Great for the buyer looking for the high cap rate and the upside the area has. This rent stabilized building is an Eight unit property but currently confirmed as a 10 unit rental building. The total square footage of the property is 7.800 square feet with no such air rights or buildable capabilities. At $1,795,000.00, the current price per square foot is: $230! The current NET on this deal is $161,025.13 with a cap rate of 8.97%. Various units can be delivered vacant so capability for end user or developer with a long term play. Rent Roll can be provided upon request and the building information is as follows: Building Dimensions: 27 X 85 Lot Dimensions: 27 X 101.17 Zoning: R6

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Building info

History
What it'll cost
Purchase price
$1,795,000
Asking Price: $1,795,000
Term
30 Years
Down Payment
$179,000 (10%)
Min: 10% (179,000)
Rate
6.75 %
Mortgage Amount
$1,615,500
Mortgage Payment
$10,478
Common Charges
$0
Taxes
$1,053
Estimated Yoreevo rebate
$16,925
Estimated closing cost
$65,000
Total monthly cost $11,531
Buy your dream home with us and get an estimated
$16,925 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran Group

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