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$1,200,000
Est. payment /mo
6 Baths
5,280 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $227
MLS Listing ID 494881
Full Baths 6
Year Built 1931
Annual Tax Amount $17,589
Property Sub-Type Multi-Family
Property Description
Located in the heart of East Flatbush, is a solidly built and well-maintained
income-producing brick building offering investors strong upside and
minimal operating expenses. Positioned on a quiet residential block between Kings
Highway and Clarkson Avenue, this stately three-story property is surrounded by
neighborhood conveniences, transit options, and long-term rental demand.
The building features six spacious two-bedroom apartments spread across 5,280 square
feet of rentable space, providing an excellent mix of unit size and layout for tenant
retention and cash flow stability. With a frontage of 22 feet and situated on a 22 x 100-
foot lot (2,700 SF), the property combines efficient land use with lasting construction
quality.
This is an exceptional opportunity for both seasoned and first-time multifamily investors
to acquire a turnkey property in a high-demand rental market. Whether held for long-term
income or added to an existing portfolio, 3this property presents a reliable
and well-positioned investment asset in one of Brooklyn's most resilient neighborhoods.
income-producing brick building offering investors strong upside and
minimal operating expenses. Positioned on a quiet residential block between Kings
Highway and Clarkson Avenue, this stately three-story property is surrounded by
neighborhood conveniences, transit options, and long-term rental demand.
The building features six spacious two-bedroom apartments spread across 5,280 square
feet of rentable space, providing an excellent mix of unit size and layout for tenant
retention and cash flow stability. With a frontage of 22 feet and situated on a 22 x 100-
foot lot (2,700 SF), the property combines efficient land use with lasting construction
quality.
This is an exceptional opportunity for both seasoned and first-time multifamily investors
to acquire a turnkey property in a high-demand rental market. Whether held for long-term
income or added to an existing portfolio, 3this property presents a reliable
and well-positioned investment asset in one of Brooklyn's most resilient neighborhoods.
Location
State NY
County Kings (brooklyn)
Area East Flatbush
Zoning R6
Rooms
Basement Semi-Finished, Separate Entrance
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick Face
Amenities Available NONE
Roof Type Asphalt/Tar
Handicap Access No
Building
Story 3
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Vanguard R E Brokerage Group
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716