325 37th St Brooklyn, NY 11232
Multi-Family Home
MLS #: 485243
Listed By CENTURY 21 Realty First
Image_20240817120645
Property InformationDescription
A prime investment opportunity in the heart of Sunset Park, Brooklyn. This semi-detached, 6 family building offers substantial income potential with its impressive layout and strategic location. The building spans 22 x 55 feet on a 22 x 100 feet lot, providing a solid structure with spacious units. Additionally, there is a legal cellar studio basement apartment, which increases the potential of this excellent piece of investment. All apartments are currently rented at market rates, ensuring consistent cash flow. The property boasts an annual gross rental income of $131,616, with manageable expenses of approximately $24,096. This results in a strong net rental income of $107,520 and a desirable cap rate of 8.4%. Located near a variety of other local shops, Costco, Industry City, and conveniently close to the 36th St N, D, and R train station, this property offers tenants easy access to transportation and amenities. Whether you're an experienced investor or looking to expand your portfolio, this is an exceptional opportunity to own a valuable asset in one of Brooklyn's most sought-after neighborhoods.
Features
- Lot Size: 0.05 Acres
- Style: Colonial
MAP & DIRECTIONS
School Information
325 37th St, Brooklyn, NY 11232
Elementary School
Grades KG-5 |
Public School
P.S. 24 BROOKLYN
Brooklyn, NY 11232
427 38th St
718.832.9366
Distance: 0.2 mi
School Rating
C-
Student:Teacher Ratio
11:1
Total Students
543
Middle School
N/A
High School
N/A
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Ps 371 Lillian L Rashkis | 0.1 mi | Public | 9-12 | |
| Sunset Park High School | 0.1 mi | Public | 9-12 | C- |
| Sunset Park Preparatory | 0.2 mi | Public | 6-8 | C |
| Intermediate School 136 Charles O Dewey | 0.2 mi | Public | 6-8 | D- |
| Sunset Park Avenue Elementary School | 0.3 mi | Public | KG-4 | C |
| P.s. 172 Beacon School Of Excellence | 0.4 mi | Public | KG-5 | A |
| P.s. 1 Bergen School | 0.5 mi | Public | PK-5 | C- |
| P.s. 169 Sunset Park School | 0.6 mi | Public | KG-5 | B+ |
| P.s. 94 The Henry Longfellow School | 0.8 mi | Public | KG-5 | C |
| Al-noor School | 0.8 mi | Private | PK-12 | |
| Brooklyn Rise Charter School | 0.8 mi | Public | KG-2 | C+ |
| School Of Creativity And Innovation (the) | 0.8 mi | Public | PK-2 | A |
| Leep Dual Language Academy Charter School | 0.9 mi | Public | KG-2 | B |
| Hellenic Classical Charter School | 0.9 mi | Public | PK-8 | A+ |
| Bnos Margulia Viznitz - Dba Of Yeshiva Imrei Chaim | 1.0 mi | Private | PK-12 | |
| J.h.s. 220 John J Pershing | 1.0 mi | Public | 6-8 | B+ |
| Ps 53 | 1.0 mi | Public | KG-12 | |
| New Voices School Of Academic And Creative Arts | 1.0 mi | Public | 6-8 | A |
| P.s. 295 Brooklyn | 1.0 mi | Public | PK-5 | B+ |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Brooklyn, NY 11232
| Median Age: | 36.7 |
|---|---|
| Married: | 36% |
| Number of Households: | 9,068 |
| Households with Children: | 29.8% |
Brooklyn, NY 11232
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
