$225,000

APARTMENT BEING SOLD WITH TENANT IN PLACE WITH A CURRENT LEASE UNTIL OCTOBER 2026. TENANT CURRENTLY PAY $1,570. 5% APPROXIMATE CAP RATE. SUBLET WILL BE ARRANGED FROM DAY ONE WITH BOARD APPROVAL. $57.08/MONTHLY SUBLET FEE. PLEASE NOTE THAT A LENDER HAS BEEN SECURED WHO CAN LEND TO THE BUILDING TO BUYERS PURCHASING AS A PRIMARY RESIDENCE. Apartment Essentials: Address: 50 Shore Boulevard, Apt. 1-L Brooklyn, New York 11235 Price: $225,000 Bedroom: 0 Bathroom: 1 Maintenance/Carrying Costs: $685/month. Includes heat, hot water, taxes, insurance, and cooking gas. Approximate Square Footage: 350 No Flip Tax on sale. Apartment Features: 1 room studio with a BALCONY facing Cass Place, making it a quiet apartment. Located in Manhattan Beach. Parquet wood flooring throughout the living room area. The bathroom has a window, a bathtub, a sink, a toilet, and is tiled. Kitchen - Wood countertops, plastic appliances, wood cabinets, and ceramic backsplash. 2 closets. Expansive private outdoor area which is rare for the area, perfect for dining, lounging, sunbathing, gardening or pets. Extends your living space dramatically and adds year- round enjoyment. Parking spot may be arranged immediately in an indoor garage for an additional fee $275/month Building and Neighborhood Features A) The premier cooperative building in Manhattan Beach on a quiet block and right across from the Emmons Avenue canal. B) Newly renovated lobby. C) Newly installed laundry room facilities D) Live-in super and handyman located at 2 West End Avenue. E) Building has fob key security entrance, new intercom system, and renovated hallways. F) Modern lobby doors. G) Parking may be arranged in the building. H) Security cameras throughout the building and on each floor. I) Newly installed windows, upgraded electricity throughout the building, and security cameras on each floor. J) The cooperative is centrally located in Manhattan Beach with convenient access to food, shopping, restaurants, movie theaters, parks, public transportation (B and Q trains, B49 and B1 buses) and major highways K) Professional management company managing the building.