606 Flatbush Avenue

Prospect Lefferts Gardens, Brooklyn, NY 11225

Prospect Park Lefferts Gardens Mixed Use building Fantastic location 7- two bedroom apartments plus 1 Retail Store on ground floor , 6 apartments are renovated with all new kitchens .& bathrooms, floors, walls windows etc. One apartment is vacant . Four apartments are decontrolled , 2 are rent stabilized, one is a preferential rent that will go to market rent at the next vacancy. Store has no lease and pays $2500.00 per year for RE Tax and $ 875 per year for water tax. There is a new central gas boiler , new hot water tank , new roof , all new windows with the new renovations . Tenants pay online. Actual Net Rent Income $131,00 Approx 6.3 Cap . not including the vacant apartment. Potential Net Rent income $181,000.00, 8.4 Cap Call Listing Broker to show. All Buyers MUST provide Proof of Funds before showing date.

This is an Active listing.

Broker Office Phone Number: 718-288-2292

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