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427 36th Street

New York NY 11232

4
4
2295 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Legal 3 family on a treelined block in prime Greenwood Heights, 17 x 45 on 17 x 100 lot. Currently set up as 3 rentals with a cap rate of 4.5% as is, 5.5% with improvements. Easy to convert to single family or duplex with rental. 3 stories plus finished basement. 1100+ SF in additional FAR. Current Rent Roll Garden Apt: 1 bedroom 1 bath plus oversized backyard ($1900) Apt 2: 1+ bedroom 1 bath plus balcony ($2100) Apt 3: 2 bedroom 1 bath ($1850) ProForma with improvements Garden Apt: $2600 Apt 2: $2500 Apt 3: $2200 Can be delivered vacant or with tenants. About Greenwood Heights: *Greenwood is a well-kept secret for those seeking a quiet and affordable neighborhood with easy and quick access to Manhattan. * One block from express train stop (N, D, R) 2 stops to downtown Manhattan, 20 minutes to Union Square! * Walking distance to hot Industry City, bustling Sunset Park and trendy South Slope. A longer stroll up 4th Ave brings you to Barclays Center and Atlantic Terminal.

Features

4 bedrooms
4 bathrooms
2295 sq. ft. floor area
Multi-Family

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Local market activity for 4 bedroom multi families in New York

In the last 12 months, 1 four-bedroom multi family similar to 427 36th Street, have been sold.

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Sales:
(619) 566-0008
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