159 St, New York, NY

Name: 159 St, For Sale in New York - eXp Realty
Brand: All Island Estates Realty Corp
SKU: 945083
Price: 6000000 USD

House

For Sale

Listed price in listed location currency (USD).

$6,000,000

000

MLS® 945083

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $67,224

Days Active 128

Lot Size

Approx. Age 1931

MLS® Number 945083

Property Address: 159 Street Street, New York, NY, 11218

Average square foot calculated using Size range provided by listing agent.

Description

Calling All Investors, Developers & End-Users!!! 28 Unit 3 Building Package In Kensington For Sale!!! The Building Features Excellent Signage, Great Exposure, 18 Parking Spaces, High Ceilings, R5 Zoning, Full Basement, All New LED Lighting, 3 Phase Power, +++!!! The Property Is Located In The Heart Of Kensington In Between Fort Hamilton Pkwy. & Ocean Pkwy.!!! Minutes From Prospect Park Lake!!! Neighbors Include Starbucks, UPS, Kia, The Home Depot, Target, Costco, NYU Langone, ShopRite, T.J. Maxx, Old Navy, Walgreens, CVS, Extra Space Storage, Staples, Planet Fitness, Blink Fitness, Taco Bell, McDonald’s, Subway, Meineke Car Care, Aldi +++!!! The Buildings Have 225 Feet Of Wrap-Around Frontage On Tehama Street & 36th Street!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! 159 Tehama Street: Unit 1: $ 13, 222.92 Ann.; Lease Exp.: 8/31/26. Unit 2: $12, 610.92 Ann.; Lease Exp.: 12/31/27. Unit 3: $15, 980.04 Ann.; Lease Exp.: 12/31/26. Unit 4: $15, 261.60 Ann.; Lease Exp.: 7/31/26. Unit 5: $17, 338.20 Ann.; Lease Exp.: 10/31/26. Unit 6: $19, 049.88 Ann.; Lease Exp.: 1/31/26. Unit 7: $17, 084.28 Ann.; Lease Exp.: 9/30/26. Unit 8: $16, 275.36 Ann.; Lease Exp.: 7/31/26. Unit 9: $13, 75.80 Ann.; Lease Exp.: 1/31/26. Unit 10: $13, 548.12 Ann.; Lease Exp.: 6/30/26. Unit 11: $12, 708.12 Ann.; Lease Exp.: 8/31/26. Unit 12: $15, 618.24 Ann.; Lease Exp.: 12/31/27. Unit 13: $19, 800 Ann.; Lease Exp.: 12/14/26. Unit 14: $22, 904.16 Ann.; Lease Exp.: 12/31/26. Unit 15: $ 13, 989.96 Ann.; Lease Exp.: 12/31/26. Unit 16: $14, 956.44 Ann.; Lease Exp.: 12/31/25. Total Rental Income: $ 253, 424.04 Ann. 1239 36th Street: Unit 1F: $14, 781.48 Ann.; Lease Exp.: 12/31/26. Unit 1R: $19, 076.88 Ann.; Lease Exp.: 12/31/26. Unit 2F: $14, 025.36 Ann.; Lease Exp.: 12/31/27. Unit 2R: $14, 685.12 Ann.; Lease Exp.: 9/30/27. Unit 3F: $28, 986 Ann.; Lease Exp.: 1/31/27. Unit 3R: $13, 785.12 Ann.; Lease Exp.: 12/31/26. Total Rental Income: $105, 339.96 Ann. 1243 36th Street: Unit 1F: $16, 529.04 Ann.; Lease Exp.: 5/31/27. Unit 1R: $13, 140 Ann.; Lease Exp.: 7/31/27. Unit 2F: $16, 229.52 Ann.; Lease Exp.: 12/31/27. Unit 2R: $26, 512.80 Ann.; Lease Exp.: 7/31/27. Unit 3F: $18, 084.48 Ann.; Lease Exp.: 8/31/27. Unit 3R: $15, 188.76 Ann.; Lease Exp.: 12/31/27. Total Rental Income: $105, 684.60 Ann. Expenses: Gas: $28, 151.35 Ann. Electric: $7, 451.63 Ann. Maintenance & Repairs: $17, 226.05 Ann. Water & Sewer: $21, 024 Ann. Insurance: $37, 307.57 Ann. Taxes: $67, 223.90 Ann. Total Expenses: $178, 384.50 Ann. Gross Income: $464, 448.60 Ann. Net Operating Income (NOI): $286, 064.10 Ann.

MLS® Number945083

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1931

BasementFull

DrivewayOther

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Dec 18, 2025List Date

$6,000,000List Price

Commute

Commute

Starting Address

Destination Address

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