483 Hicks Street, Unit - 6+ Bed Apt for Sale for $1,995,000

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483 Hicks Street

Listing no longer available on CityRealty as of Jul 18, 2016

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Previous Photos & Floor Plan

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

483 Hicks Street,

Key Details

Listed: Jun 6, 2016

Last Price Change: -11.3% ($255,000) on Jul 18

Days on Market: 0

Building Type: Townhouse

Neighborhood: Cobble Hill (Brooklyn)

Est. Monthly Mortgage: -

Total Est. Monthly Carrying Cost: $10,996

Note: the above is based on a down payment of 20% ($399,000), which is the minimum amount permitted by the building.

Description

Excellent investment or Live/Invest Opportunity. This 4 story brick townhouse was completely gut renovated 8 years ago with all new mechanicals (separate gas boilers for each unit), electrical, facade work, roof, apartment interiors and common areas. Excellent location for rentals in the center of Cobble Hill and zoned for PS 29.

Expenses are exceptionally low since tenants pay their own heat and all other utilities. The first two floors and basement are a two bedroom, two bath duplex with private yard. The upper two floors are each one bedroom floor through apartments, the top floor featuring a private roof deck accessed through the apartment.

This home has been thoughtfully renovated with exposed brick walls, a large rear yard, roof deck with fantastic manhattan skyline views, renovated kitchens and baths and solid hardwood floors throughout. A perfect turn-key investment- 4.7% cap rate on conservative rent projections. Can be delivered vacant.

Building Amenities

Pre War

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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An equal housing opportunity

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