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716 New Lots Ave, Brooklyn, NYC

Home › Listings › Brooklyn › 716 New Lots Ave

$1,150,000
Active 194 days on market
MLS# 992858

716 New Lots Ave

📍 Brooklyn, Brooklyn, NY 11207

8.0
Beds
6.0
Baths
3,120
Sqft
$369
Per sqft
2004
Year built
Land
Type

About this property

Welcome to 716 New Lots Ave, a spacious three-family home in the heart of East New York. This property features three fully occupied units, each generating consistent cash flow. The first-floor unit offers 2 bedrooms and 2 bathrooms. The second floor boasts a generous 3-bedroom, 2-bathroom layout, while the third floor also provides 3 bedrooms and 2 bathrooms, making it an ideal investment opportunity. Additional highlights include a full finished basement and a convenient one-car parking spot. Located in a prime area with easy access to all major transportation systems, this property is perfect for those seeking a well-maintained, income-generating investment. Don’t miss out on this
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Amenities & features

FULLY OCCUPIED UNITSFULL FINISHED BASEMENTONE CAR PARKING SPOTEASY ACCESS TO TRANSPORTATION

Key facts

One car parking spot
Fully occupied units
1,799 sq ft lot

Property details

Property typeLand
Listing statusActive
Lot size1,799 sqft
Year built2004
Days on market194 days
MLS #992858

Estimated monthly payment

Listing price$1,150,000
Down payment (20%)$230,000
Loan amount$920,000
Principal & interest (7%, 30yr)$6,120/mo
Property tax (est.)$1,118/mo
Home insurance (est.)$479/mo
Estimated total$7,717/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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