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824 Dekalb Avenue New York, NY 11221
$2,495,000
  • For Sale
  • 13 Bedrooms
  • 4 Full Baths
  • 4 Half Baths
  • Year Built 1931
  • Commercial
  • ML# 3585613

Property Details

Overview

Turnkey 4-Family in Bedford-Stuyvesant - 5.8% Cap Rate This turnkey, income-producing 4-family property in Bedford-Stuyvesant presents a great investment opportunity with a strong 5.8% cap rate and immediate cash flow. The fully leased building comprises a spacious 4-bedroom, 2-bath duplex, and three well-appointed 3-bedroom, 2-bath units. Great Tenants: ? Reliable tenants that have consistently paid on time for the past two years with no complaints or issues. All units rented with leases extending through 2025, ensuring stable cash flow. ? Unit Breakdown: o One spacious 4-bedroom, 2-bath duplex with a finished basement. o Three generously sized 3-bedroom, 2-bath units. Each unit has its own meter and hot water heater, and tenants are responsible for their own utility bills. ? High-Quality Interiors: Large bedrooms with ample closet space and excellent natural light. Modern kitchens with stainless steel appliances, including gas stoves and dishwashers. o Hardwood floors and high ceilings throughout. o Video intercom system for added security. ? Additional Features: o Duplex unit includes access to a private backyard garden, providing additional outdoor space. o Shared rooftop. o Virtual doorman system for added convenience and security. ? Amenities: One unit equipped with an in-unit washer and dryer; other units can be upgraded to include this feature. ? Size and Layout: o 14 bedrooms and 8 bathrooms across 3, 825 sq. ft. Contact Information: For a full setup and additional details, please reach out today.

Key Facts

  • Style: Other
  • Lot Sq Ft: 1667
  • Taxes: $1,000
  • School District#: 13
  • School District: Community District 13
  • Block: 1781
  • Lot: 36

Additional Features

  • Construction Materials: Other
  • Parking Spaces: Yes
  • Parking Facilities: On Street

Rooms & Floor Plans

  • Bedroom: 13
  • Full Bath: 4
  • Half Bath: 4

Interior & Utilities

  • Heat: Electric, Natural Gas
  • A/C: Wall Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $1,000
Listing Information provided courtesy of Oxford Property Group USA  212-300-6412
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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Cell: (516) 298-5382
Contact

JUDY FRUITBINE

Licensed Associate Real Estate Broker

Cell: (516) 298-5382 Email: jfruitbine@aol.com