House of the Day: 79 Carroll Street
Here’s a four-unit brick townhouse on the Columbia Street waterfront that’s being marketed as an investment opportunity, and we have to say we agree with this approach. There’s no detail left to speak of, although the interior looks cleanly renovated, and it’s only half a block from the noisy and dirty BQE. (Though there are…
Here’s a four-unit brick townhouse on the Columbia Street waterfront that’s being marketed as an investment opportunity, and we have to say we agree with this approach. There’s no detail left to speak of, although the interior looks cleanly renovated, and it’s only half a block from the noisy and dirty BQE. (Though there are also lots of nice restaurants and shops nearby as well as river views.) The rent roll is $120,000; all the leases are market rate and expire within nine months, according to the listing. For a $2 million ask, does it all add up?
79 Carroll Street [Realty Collective] GMAP P*Shark
sophie, as far as i have seen reducing occupancy does not affect taxes. i’d check with a guy like shnall on that.
pretzel, most 1-4 family buildings in brooklyn have taxes under $5k unless someone changed the C of O. that happens to be the case on this one taxes are $12k.
there are better “investment” properties out there. it’s priced as if it would be owner occupied..