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522 Monroe St

Bedford Stuyvesant
Brooklyn
11221
Updated11/9/2019 Added8/22/2019
No Longer Available
$ 1449000
Tax: $ 281
3 BA
5 BD
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About this Property

Excellent Investment Opportunity at this 20 foot wide, 3-family, 4 story Bedford Stuyvesant Brownstone in need of a full gut renovation. Ideally laid out as 1 lower duplex and 2 upper floor through apartments. Once renovated the units will garner approximately, $3,200 for EACH floor through and $5,500 for the lower duplex, totaling a yearly rent roll of $142,800 and a CAP RATE of over 6%. Located just a few blocks from Bed Stuy's restaurant row" home to Saraghina and Peaches with easy access to both the Gates J/M/Z and Utica A/C trains making this a perfect rental property."

Amenities

Details

  • Status: No Longer Available
  • Type:Mulit-residential Townhouse
  • ID:5861746
  • Tax:$ 281
  • Year Built:1905
Brownstoner Features

Location

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