242 East 28th St. 31

UP for SALE: MASSIVE Pre War 4 Story Building! This building is in GOOD condition, and ALL apartments are rented! Offered at a FANTASTIC DEAL that gives you an 8.2% CAP, with assumable mortgage Of 5.5%!!! *Estimated Net Operating Income: $221,655. 31 Units, including 22 ONE BR APTS and 9 TWO BR APTS, Totaling 101 ROOMS! As you can see by the sample apartment pics, the apartments are old world layout. This means living rooms, bed rooms, EIK, hallways and closet spaces are VERY SPACIOUS. So YOUR apartments would RENT FAST! Good Flatbush location, by the 2,5 Waverly Rd. Station. Near much shopping on Flatbush and Nostrand Aves. HIGHLY ATTRACTIVE for renters! *If you are looking for a SOLID investment