827 Gates Avenue, Brooklyn, NY 11221

Overview

Price: 
$1,100,000
Type of Home: 
Legal Two Family
Style of Home: 
Colonial
Bedrooms: 
6
Bathrooms: 
4
Square Footage: 
2580
Lot Size: 
1500
Year Built-in: 
2004

This Legal 2 Family in the hottest area in Brooklyn is up for sale-Bed Stuy.  Will be delivered vacant but can be delivered occupied as the numbers below are very attractive.  It operates as a legal Halfway House.  Has a full basement above grade, 1900sqft of buildable FAR(check with your architect), is 3 blocks away from the J train, has bus stop in front of property and has an attached garage.


Income: 19 guys at $405 a month=$92,340 a year
Expenses:
Super-$4860yr
National Grid-$2700yr
Con Ed-$5100yr
Water/Sewer-$7200yr
Taxes-$6663
Insurance-$4000
 

Location