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Basement:Full
Multi-Family Residence
School District:
4 Rooms
3 Beds
2 Baths
0 Half Baths
Garage Spaces
Built: 1915
Lot Size: Acres
Heating: Electric,Other
Air Conditioning: 1
Taxes $2362 (Approx)
Interior Features:

Located just steps from Prospect Park in prime, this beautifully maintained 9-unit multifamily building offering strong in-place income and long-term upside. The property includes six free market and three rent-stabilized units, featuring a mix of one- and two-bedroom layouts ranging from approx. 550 to 1,000 sq ft. All apartments have been recently renovated and are in excellent condition. Current gross monthly income is $33,350, or over $400K annually. With reported annual expenses adjusted for recent capital improvements, the projected NOI exceeds 500k, resulting in a higher cap rate. This turnkey asset is ideal for investors seeking stable returns in a high-demand Brooklyn neighborhood, near Prospect Park, top schools, shopping, dining, and transportation

Architectural Style
Construction Materials
MLSID
493274

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Peter Mancini

Pen Realty LLC

Direct - (917) 916-5126

Cell Phone - (917) 916-5126

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