32 Fountain Avenue, BUILDING East New York, Brooklyn, NY 11208
sold | Condo | Built in 2018
- Monthly Taxes: $4,773
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32 Fountain Avenue, BUILDING East New York, Brooklyn, NY 11208
sold | Condo | Built in 2018
- Monthly Taxes: $4,773
The Details
About 32 Fountain Avenue, BUILDING, East New York, Brooklyn, NY 11208
Investors Dream! Cap rate of 5.8%! Welcome to 32 Fountain Ave, a beautiful brick and stucco new construction building comprising of 7 free market rental units, and 5 parking spots! The building is 100% occupied, and is approximately 6,900 square feet.
The apartment breakdowns are as follows:
One 3 bedroom unit
Three 2 bedroom units
Three 1 bedroom units
All of the...
key features
Interested? Let’s talk.
East New York
Founded in the 1650s as the Town of New Lots, today’s East New York was annexed by the City of Brooklyn in 1886 before becoming part of New York City in 1898. You'd be correct if you guessed that East New York got its name because of its location — found farther east than any other neighborhood in Brooklyn. A merchant named John Pitkin wanted to signify the area as the eastern end of New York City, with the idea that it would rival and perhaps surpass Manhattan, and the name has stuck. While Pitkin’s plans never came to fruition in his time, the modern East New York is revitalization embodied, unconcerned with whatever is happening on the NYC “mainland.” Various new developments continue to grow, pointing the way forward for East New York’s future.
about the building
32 Fountain Avenue
Apartment Building in East New York
- 7 UNITS
- 3 STORIES
- 2018 BUILT
Sales History for 32 Fountain Avenue, BUILDING
date | price | listing status |
---|---|---|
10/31/2022 | $2,064,000 | Sold |