Featured Property

Brooklyn • $1,700,000
4 Units Investment
713 Bristol Street

The subject property is a Two Stories, 4 Family Building, with (3) Large Three Bedroom Apartments and(1) Two Bedroom Apartment, Spread over 3,520 interioer Square Feet. All 4 Apartments Have been Fully Gut Renovated With New Kitchen, New Bath, New Plumbing and New Electric, in Excellent Condition. The Basement has a Separate Entrance From The Front of the Building an Can Be Rented For Storage To a Plumber or Carpenter, Or Office Work, Basement is 1,760 Sqft. All Apartments Are Rented. It Has a Large Building Size 22 X 80 Ft. The Tenants Pay For All Their Utilities, Including Heat, Cooking Gas, And Electric, This Building Provides high Income with Very Low Expenses, Excellent Investment Asset. Close to Public Transportation, Many Stores and Houses of Wohrship and Schools.

Income as Follows:
Apt 1F $2,555
Apt1R $3,214
Apt 2R $3,214
Apt 2F $3,214
Basement $1,500
Monthly Gross Income: $13,697
Annual Gross Income: $164,364
Water $3000
Insurance $3,500
Electric $500
Tax $9,484
Annual Net Income: $147,380
Cap Rate 9%

Primary address 713 Bristol St
Zip code 11236
Neighborhood Brownsville
Borough Brooklyn
Block & lot 03642-0012
Lot sqft 2,650
Lot dimensions 26.5 ft x 100 ft
Ground elevation 18 ft
Corner lot No
Zoning districts R5
Building class Four Families
Square feet 3,520
Building dimensions 22 ft x 80 ft
Buildings on lot 1

Stories 2
Roof height 25 ft
Year built 1930
Structure type Walk-up apartment
Construction type Stone
Residential units 4
Residential sqft 3,520
Average residential unit size 880
Closest station Turnbull Ave & E 105th St at SE Corner
Station lines L
Distance (miles) 0.489