627 Gravesend Neck RD, Brooklyn, NY 11223
627 Gravesend Neck RD, Brooklyn, NY 11223
627 Gravesend Neck RD, Brooklyn, NY 11223
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$2,100,000
Est. payment /mo
5,796 SqFt
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Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,796 sqft

Price per Sqft $362

MLS Listing ID 505319

Year Built 1930

Annual Tax Amount $20,109

Property Sub-Type Mixed Use

Property Description

Excellent Investment Opportunity – 5-Family Property with 1 Storefront.

No additional renovations are needed, as all residential units are already beautifully maintained and move-in ready. The property consists of three 2-bedroom apartments, two 1-bedroom apartments, and one storefront, with every unit currently generating rental income, providing a steady stream of cash flow.

In addition to its rental income potential, the property's desirable location offers the potential for long-term appreciation, making it an attractive investment for the future. Tenants are responsible for their own electricity and gas expenses, helping reduce the owner's utility costs.

Conveniently located near the F train subway station and B3 and B68 bus routes, the property offers easy access to public transportation and everyday conveniences.

Don't miss this outstanding opportunity to own an income-producing property with strong investment potential!

Location

State NY

County Kings (brooklyn)

Area Gravesend

Zoning R4

Rooms

Basement Finished

Interior

Interior Features Other

Hot Water Gas

Heating Gas

Flooring Hardwood, Laminate, Tile, None

Heat Source Gas

Exterior

Exterior Feature Brick, Other

Roof Type Flat,Other

Building

Story 3

Foundation Poured Concrete, Other

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash


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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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