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$1,170,000
- Status Sold
- Property Type Apartments
About This Property
Marcus and Millichap has successfully sold 1416 66th Street located between 14th and New Utrecht Avenue.
The property is configured as four one-bedroom apartments, and two two-bedroom apartments. The monthly rent collected for one tenant is subsidized by Senior Citizen Rent Increase Exemption Program. All six units remain rent stabilized. The property is attached on both sides and built 20 feet in width, and 80 feet in length. The total size of the property measures 4,080 gross square feet.
This Property offers investors the opportunity to capitalize on Bensonhurst's strong and steady rental market.
- Will be Delivered with One Vacant Unit
- Close Proximity to "N" Train (New Utrecht Avenue)
- Brand New Boiler Installed - 2015
- Annual $2,460 Tax Credit Paid by Senior Citizen Rent Increase Exemption Program
- Property Remains in Good Condition