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New
2126
Home61's Closings in
Miami, FL
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$89,156 (2024)
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
1 day
$ /sqft
-
Type
other
Year Built
1927
Unit
-
Zip Code
11208
Ref./MLS ID
KEY904891
DESCRIPTION
Perfect—here’s a clean, investor-focused description for that city line property: turn-key 25-unit investment property in city line, brooklyn an outstanding opportunity in the heart of brooklyn—this well-maintained 25-unit brick building features 15 2 -bedroom and 10 1 bedroom apartments, as well as 2 retail spaces ideal for steady rental demand. Tenants pay their utilities ( electric and cooking gas ) the building includes: a full basement with additional storage rooms no elevator = lower maintenance low operating expenses with a projected noi of $816,000 creating a net cap rate of 10. 2%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of brooklyn’s steadily growing neighborhoods.
Data is provided by OneKey MLS.
Listed on August 25, 2025 by Arthur F. Martinez ABR SFR from EXIT Realty Central, this other is for sale. other for sale in New York listed at $6,500,000, Reference KEY904891
The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.