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Image 1 - 2877 W 20th St, Brooklyn, New York, 11224 - House for sale
Image 2 - 2877 W 20th St, Brooklyn, New York, 11224 - House for sale
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Image 4 - 2877 W 20th St, Brooklyn, New York, 11224 - House for sale
Home For Sale In Brooklyn, New York
2877 W 20th St, Brooklyn, New York, 11224

Home For Sale In Brooklyn, New York

house for sale
Listed: 06/01/24

2877 W 20th St, Brooklyn, New York, 11224

2 Bed:
8 Bath:
2,200 Sq Ft Living Area:
Save
Price
$ 1,5M

About This House

Coney Island Brick 8 family Fully renovated 8 Units / 2 one bedrooms / 6 studios. stabilized units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. There is plenty of upsides in rental increases. Current Monthly income$ 11, 461.00Yearly$ 137, 532.00Income Gross Expense $ 28, 568.00 current cap rate 7 % huge backyard with additional room to build guest room! New roof, Sprinkler system, Gas Boiler (Recently Converted to gas from Oil) Stairways and many apartments are modernize and updated! 20 ft x117.58ft Building size 20 ft x 55 ft R5 zoning! BRP Exclusive! Just unpack and collect rent! Actual Financials: current DHCR Fully occupy with projected 7% Cap Rate …  Full description

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Coney Island Housing & Living

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.