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$1,935,500
List Price: $1,975,000
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362 39th Street
House in Sunset Park •  building info
2bd • 2.5ba • 6,200ft² $319 per ft²
Buy with Yoreevo

$1,935,500

List Price

$1,975,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
13
Last price change
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Estimated payment
$13,735
Taxes
$2,500
Monthly maintenance
N/A
Description
Live/Work and Make Money While You Sleep! 362-364 39th Street, two adjacent mixed-use buildings in the Sunset Park neighborhood of Brooklyn. Located in the middle of prime artist neighborhood of Sunset Park. Located between 3rd and 4th Ave, the properties consist of 2 residential units (2 FM) and 2 commercial spaces that were combined and subdivided into 19 individual artist studios. Both free-market residential units were renovated a few years ago, include a washer/dryer as well as private outdoor patios. The artist studios are month-month and can be delivered vacant. The properties are built full to the 100-foot lot on the ground floor and are built 55 feet deep on the 2nd level with a total gross footage of 6,200 SF. Combined, the properties have a current gross annual income of $183,600 and a net operating income of $130,303 after expenses. Located two blocks away from the neighborhood's staple, Industry City, the property benefits from its proximity to many local restaurants and bars, including Zona Sur Bar Bistro, Industry City Food Hall & Sahadi's. It is also located close to the N, Q, R, and W trains.

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Important Stuff
Washer/Dryer in unit
Listing Amenities
City View
Roof Rights
Building Amenities
Fios Available
Parking Available
Outdoor Space
Terrace
Private Roof Deck
History
What it'll cost
Purchase price
$1,975,000
Asking Price: $1,975,000
Term
30 Years
Down Payment
$197,000 (10%)
Min: 10% (197,000)
Rate
6.5 %
Mortgage Amount
$1,777,500
Mortgage Payment
$11,235
Taxes
$2,500
Estimated Yoreevo rebate
$39,500
Estimated closing cost
$69,000
Total monthly cost $13,735
Buy your dream home with us and get an estimated
$39,500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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