SOLD FOR $5,000,000
· Closed May 16, 2017
$5,000,000
172 SKILLMAN Avenue
MLS® #RLS10061858
Listing by Brick & Mortar
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
N/A
Year Built
Sale Details
Property Summary
Description
Newly constructed 8 family brick (2013). 421-a Tax abatement good for another 11 years (2027). Assumable mortgage available at 3% . Apartments are fully leased. Layouts consist of (one) 1 bedroom apartment and (seven) converted 2 bedroom apartments. 6 have balconies, one has private yard. Every unit has washer dryer hookups. Common roof Deck and storage rooms built in the basement. Low expenses. Tenants pay all utilities. 0% vacancy rate for last 3 years Yearly Income: $288,000 NOI: Approx. $274,000 Cap Rate: 5.4% Contact Jennifer to schedule an appointment 347-859-9909 Great location with plenty of shops along Graham Avenue and the L train is less than 2 blocks away at the Graham Avenue Station.
Property Details
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Listing courtesy of Jennifer Doscher at Brick & Mortar. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.