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2017 Homecrest Ave

6 Unit Apartment Building $1,388,888 ($231,481/Unit) Brooklyn, NY 11229

Investment Highlights

  • central location, train and buses near by, updated building

Executive Summary

All tenants have leases. Will not be delivered vacant.
Newly updated 6 unit building. All 1 bedrooms. 2 more rent increases coming up. New Showers inside the apartments. updated in the last 2 months including new tile. New GFI updates outlets in all the units. New smoke and carbon detectors, all leaks repaired, new Fire extinguishers, new electrical repairs. All tenants pay. Gross income: $82,223.28 Total Expenses: $37,617.99 (Taxes: $27,115; Water/Sewer: $2,308.99; Gas/Heat: $2,600; Insurance: $5,594) Net Income: $44,605.29
RENT ROLL 1F $1,037.50 1R $1,081.38 2F $1,131.79 (Dec 1st will go up 5%) 2R $1,083.22 (Dec 1st will go up 5%) 3F $1,370.25 3R$1,148

Financial Summary (Actual - 2021) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2021) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,388,888
Price Per Unit $231,481
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.05 AC
Building Size 4,320 SF
Average Occupancy 96%
No. Stories 3
Year Built/Renovated 1925/2022

Unit Amenities

  • Air Conditioning
  • Heating

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07317-0075
Land Assessment
$7,200 (2024)
Improvements Assessment
$239,040 (2024)
Total Assessment
$246,240 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2021

zoning

Zoning Code R5,Brooklyn,(C2) (Commercial)
R5,Brooklyn,(C2) (Commercial)
  • Listing ID: 27023741

  • Date on Market: 11/2/2022

  • Last Updated:

  • Address: 2017 Homecrest Ave, Brooklyn, NY 11229

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