Brick 4 story legal 8 family building with $124,000 income
Located on 208 Sumpter St off Saratoga Ave in Ocean Hill, between Bedford Stuyvesant & Bushwick. It is within a short walking distance to the J & C subway lines, Saratoga & Marion parks, and some nice restaurants & bars, a supermarket, pharmacy, and other amenities. This 4 story legal 8 family Brick building is built about 8,000 sqft, configured with 8 apartments of 2 bedrooms each, and has an additional basement. The building is updated and runs by professional management, and is very well maintained. The total income is about $124,000 a year and about $90,000 net after expenses.
Lot size: 26/100
Building size: about 80' deep
4 story legal 8 family Brick building
SOLD in 2021