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$2,043,600
List Price: $2,080,000
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455 East 94th Street
Townhouse in Brownsville •  building info
studio • 26,000ft² $80 per ft²
Buy with Yoreevo

$2,043,600

List Price

$2,080,000

Key Details
Days on market
77
Last price change
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Estimated payment
$18,470/mo
Taxes
$6,944/mo
Maintenance
N/A
Description
455 East 94th St.,( AKA address 449-455 E94th St), is an excellent opportunity to acquire a solid red-brick, four-story pre-war 25-unit multifamily building in the heart of East Flatbush, Brooklyn. This well-maintained walk-up property with spacious pre-war apartments, ranging from studios to 3 bedrooms, attracts a strong rental demand and provides steady cash flow. With a CAP near 8%, the property offers immediate income as well as with long-term appreciation potential. Fully occupied, all apartments are rent-stabilized, with no rent control in place. The building enjoys a prime location surrounded by multiple shopping and dining choices. Neighborhood perks include the modern amenities of nearby Kennedy Park and sporting opportunities at Betsy Head Park. Multiple bus lines, as well as the 2, 3, 4, and 5 subway lines at Saratoga Avenue, ensure convenient transportation throughout the city. With consistent occupancy, rental upside, and highly desirable pre-war layouts, this 25-unit brick building is a substantial addition to any investment portfolio. As a bonus, the opportunity to acquire a similar property located at 448 could add another 27 units to this asset collection. DHCRs can be provided upon request. Buyer is responsible for due diligence.

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Important Stuff
Pets allowed
Building info

History
What it'll cost
Purchase price
$2,080,000
Asking Price: $2,080,000
Term
30 Years
Down Payment
$208,000 (10%)
Min: 10% (208,000)
Rate
6.25 %
Mortgage Amount
$1,872,000
Mortgage Payment
$11,526
Taxes
$6,944
Estimated Yoreevo rebate
$36,400
Estimated closing cost
$77,000
Total monthly cost $18,470
Buy your dream home with us and get an estimated $36,400 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller Williams

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