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Basement:Partial
Multi-Family Residence
School District:
Rooms
Beds
8 Baths
0 Half Baths
Garage Spaces
Built: 2016
Lot Size: Acres
Heating: Gas
Air Conditioning: 0
Taxes $222 (Approx)
Interior Features:

Enter into your next investment with a clean, modern 8-unit walk-up in the East New York section of Brooklyn. This solid brick building features seven one-bedroom apartments and one studio, delivering a strong 7.2% cap rate with minimal maintenance. The property sits on a 2,400 SF lot, spans 5,205 SF across four floors, and is zoned R6, b ideal for steady income and long-term appreciation. Investors can also purchase the identical next-door building at 778 Livonia Avenue, creating a rare 16-unit portfolio opportunity in one of Brooklyn’s fastest growing neighborhoods. The location is just minutes from the Van Siclen Avenue 3 train subway station, and within easy reach of the New Lots of Avenue 3 train, Junius Street 3 train, and Pennsylvania Avenue 3 train stations. Multiple bus lines are also within a short distance, including the B14, B15, B60, and B83, connecting residents throughout Brooklyn and to key transit hubs. With strong in place cash flow, excellent transit access, and the option to scale, this is a smart, high performing asset in a high demand rental market. Whether you’re completing a 1031 exchange, expanding your portfolio, or entering NYC’s investment landscape with scale this opportunity delivers on all fronts. Don’t Miss This RARE, high-yield acquisition in one of New York City’s most undervalued multifamily markets.

Architectural Style
Construction Materials
Brick
MLSID
494546

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Lucy Badwan

Lucblue Realty LLC

Direct - (917) 780-7881

Cell Phone - (917) 780-7881

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