120 Sheridan Avenue

Cypress Hills, NY
$ 899,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

This is a Bank Repossessed REO. There is a current Appraisal performed by a 3rd Party Licensed Appraiser with "AS IS" Value at $1,175,000. The ASKING PRICE of $899,000 is a STARTING BID. All Offers Must be presented in writing and once accepted a formal contract will be emailed for signature and non-refundable deposit within 48 hours. The contract is subject to all Violations and Fines that are disclosed in the Contract of Sale. Only common areas can be shown in the building. Currently, the building is fully occupied with 2 Tenants in court for non-payment of rent. There are existing Violations in the approximate amount of $47,000.00. This is a tremendous opportunity for any investor to purchase this building below cost. The lender paid $1.1 Million as part of the settlement. Once all Violations are cured and all Rents are collected, the estimated VALUE is above $1.3 Million. Once again, this is a Bank Repossession and All Offers will be considered on their FINANCIAL MERIT ONLY.

Commercial

  • Price
  • $ 899,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Cypress Hills
  • County
  • BROOKLYN
  • Style
  • Apartment
  • Area
  • 13
  • MLS#
  • 3297404
  • Zip
  • 11208
Listing Provided by: Dinko Grancaric | with Benjamin Realty Since 1980
Data Source: OneKey MLS

Features

General

Buildingareaunits Square Feet
Business Type Apt House
Heating Oil, Hot Water
Property SubType Apartment
Property Type Commercial Sale
Sewer Sewer
Tax Annual Amount 0.00
Total Units 6
Zoning Description R5

Interior Features

Ceiling Height No

Exterior Features

Buildingsize 5040
Lot Size Acres 0.0600
Lot Size Area 0.0600
Lot Size Source Other
Lot Size Square Feet 2426.00
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the BALDWIN, NY office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/23/2021 Listed $899,000

Property vs Zip Code Average in 11208

Price
AVG $1,000K
$900K
Visits
AVG 18
1
Walkscore
AVG 90
93
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

120 Sheridan Avenue Cypress Hills, NY is a Single Family Home for sale at $899000 and a lot size of 2,614 SqFt Acre(s). 120 Sheridan Avenue Cypress Hills has 0 bedrooms, 0 baths . The property's zip code is 11208 which is in Cypress Hills, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.