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165 West End Ave, Brooklyn
Excellent investment opportunity to own a multi-family/commmercial building located in the heart of Manhattan Beach. Property stands on 60 x 100 lot, building dimensions 47 x 80. Multi-family building features 11,280 sqft, 13 apartments, 1st floor salon has 3500 sqft, all apartments are occupied, this is a money making enterprise. Building was totally renovated in 2014 in excellent condition. Tax abated until 2034, R6 zone, has potential to go up 2 more floors, cap rate 6%, building is rent stabilized. 1st floor has commercial tenant rent $8600, 13 apartments are 6 2 bedrooms and 7 1 bedrooms, all occupied.
- MLS® #1141005
- Square Footage11,280
- Year Built1938
- Listing Courtesy of Ditommaso Real Estate
- Address165 West End Ave
- AreaManhattan Bch
- SubdivisionManhattan Bch
- Zip Code11235
- # of Stories3
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