SOLD FOR $1,024,500
· Sold at asking price · Closed July 22, 2016
$1,024,500
129 Somers Street
MLS® #RLS10035978
Listing by The Corcoran Group
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
1901
Year Built
Sale Details
Property Summary
Description
Incredible investment property at this fully renovated 3-family, 3-story, 25 foot wide townhouse with finished basement and backyard. Each unit has separate heating and cooling systems and hot water tanks. Tenants pay all utilities except water. Beautifully designed with exposed beams and located on the Bed Stuy/Bushwick border with a projected CAP rate of 5.6%. This quaint house commands a projected income of $70,800/year broken down as follows:$2000/mo: Top floor, 3 bedroom, 1 bathroom$1800/mo: Second floor, 2 bedroom, 1 bathroom$2100/mo: Garden floor, 2 bedroom, 1 bath, finished basement, private backyard with large patioModern kitchens feature stainless steel appliances, 5 burner stove tops, and marble counter tops. Spaciously designed layouts, nice light, washer/dryer hook up in the basement and split system heating/air conditioning. Conveniently located near the J, Z, L, A, and C trains. Please request the full income/expense.
Property Details
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Listing courtesy of Brooke Safford at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.