MultiFamily Property at 358 61st Street Brooklyn
$1,350,000
358 61st Street, Brooklyn, NY 11220
5,100 SF
Square Feet
$265
PPSF
6
Units
200.0K
PPU
3.22%
CAP
Property Description
Units
6 — PPU: 200.0K
NOI
$43,453
Cap Rate
3.22%
Discover the perfect blend of convenience 6-family house in Sunset Park. From the nearby shopping and dining options to be esy commute on the D/N/R train, our property offers the ideal living experience for the one is looking for a vibrant and accessible neighborhood.
Property Details
Asset Type
MultiFamily
Year Built
1911
Zoning
R6A
Lot Size
2,048 SF
Neighborhood
Sunset Park
Submarket
Brooklyn
ZIP
11220
Listing Type
sale
Net Operating Income (NOI)
$68,939
Debt Service Coverage Ratio (DSCR)
0.90x
DSCR below 1.0x — deal does not cover debt service
Cap Rate
5.11%
Cash Flow (Annual)
-$7,858
Cash-on-Cash Return
-2.33%
Monthly Debt Service
$6,400
Annual Debt Service
$76,796
View on Map
Address
358 61st Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.