Simone Malferrari

470 2nd Street

$3,075,000 470 2nd Street, Brooklyn, NY 11215

Sprawling 20' wide, 4 unit townhouse in Park Slope. All units are Free Market with an opportunity for an end user as two apartments will be vacant by end of March and other two have 60 day out clauses.

  • Current annual rent roll ($125,100)
  • Total annual Expenses ($35,270 - includes Taxes)
  • NOI ($89,830)
  • Initial CAP rate of 2.85%
  • Easy upgrade and make this a 3.74% CAP

 

Park Slope is a name-brand Brooklyn neighborhood known for its organic food markets and picturesque, pedestrian-friendly sidewalks. Prospect Park, charming cafes, and plenty of public amenities contribute to the neighborhood's small-town vibe.

  • Sold
    Status
  • 6
    Bedrooms
  • 4
    Bathrooms
  • 3,300 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Sold
  • Living Space: 3,300 Sq.Ft.
  • Lot Size: 1,900 Sq.Ft.
  • Type: Multi-Family
  • School District: 15

Interior

  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Other Interior Features: Two one bedrooms and Two two bedrooms

Exterior & Building

  • Stories: 3

Financial

  • Sales Price: $3,075,000
  • Real Estate Tax: $22,162/yr

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470 2nd Street

Work With Simone

Simone's passion for real estate is rooted in the principality of Monaco, the place where this passion started. To this day Festina has an extensive network there, as well as a deep knowledge of the market.
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