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8403 7th Ave, Brooklyn, NYC

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$1,499,000
Active 4 days on market
MLS# 505892

8403 7th Ave

📍 Brooklyn, Brooklyn, NY 11228

6.0
Beds
1.0
Bath
2,470
Sqft
$607
Per sqft
1926
Year built
Multi-family
Type

About this property

Great potential mixed-use solid brick building in Dyker Heights. The store is 1,300 sq. ft. with approved floor plan to extend 18 x 41, 2 a half baths, it will be a commercial space which will be over 2,000 sq. ft. plus the full basement, it will be good for lots of business. The second floor features living room, dining area, modern kitchen, two nice and big skylines, three good size bedrooms, this unit will be delivery vacant. Separate boilers and water heaters. The owner pays a low operating yearly expenses for the building. Projected yearly income $93k, nets $79k, cap rate about 5%. The entire building will be full possession before it closes. A rare opportunity you shouldn't miss. * *
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Key facts

1,982 sq ft lot
Built 1926

Property details

Property typeMulti-family
Listing statusActive
Lot size1,982 sqft
Year built1926
Days on market4 days
MLS #505892

Estimated monthly payment

Listing price$1,499,000
Down payment (20%)$299,800
Loan amount$1,199,200
Principal & interest (7%, 30yr)$7,978/mo
Property tax (est.)$1,457/mo
Home insurance (est.)$624/mo
Estimated total$10,059/mo

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

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