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$1,750,000
Est. payment /mo
6 Beds
6 Baths
4,020 SqFt
Open House
Sat Jul 25, 5:00pm - 6:30pm
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,020 sqft
Price per Sqft $435
MLS Listing ID 503127
Bedrooms 6
Full Baths 6
Year Built 1920
Annual Tax Amount $11,176
Property Sub-Type Multi-Family
Property Description
Presenting a rare opportunity to acquire a well-located, income-producing property in Brooklyn's highly convenient Dkyer Heights neighborhood. The building is configured with five one-bedroom apartments and one studio apartment, providing an attractive and diversified unit mix for investors. Three apartments are expected to be delivered vacant at closing, subject to the terms of the contract. This creates immediate flexibility for the new owner to renovate, upgrade, lease at current market conditions, or customize the units according to their investment strategy. Several apartments have already been beautifully upgraded and feature clean, modern, move-in-ready interiors. The combination of renovated units and potential vacant possession offers meaningful upside while reducing the amount of immediate work required after closing.The property offers strong income-producing potential together with relatively low property taxes, helping create an attractive operating profile for both experienced investors and buyers looking to expand their real estate portfolio.Conveniently situated near subway transportation, supermarkets, restaurants, delis, shopping, schools, and essential neighborhood services. The accessible location supports consistent rental demand and provides tenants with convenient access to daily necessities and public transportation.This property presents an excellent opportunity for an investor seeking multiple rental units, existing income, future rental upside, and long-term appreciation potential in a well-established Brooklyn neighborhood.
Location
State NY
County Kings (brooklyn)
Area Dyker Heights
Rooms
Basement Cellar, Unfinished
Interior
Hot Water Other
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available Storage rooms
Roof Type Rubber
Handicap Access Unknown
Building
Story 3
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by RE/MAX Edge
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716