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2126
Home61's Closings in
Miami, FL
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$ 15,804
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
Flatbush
On market
17 days
$ /sqft
-
Type
house
Year Built
1931
Unit
-
Zip Code
11226
Ref./MLS ID
RPLU-798322983385
DESCRIPTION
investors and developers, take note! cash-flowing asset "turn key rent stabilized building"
a fully occupied 6-unit building in the heart of flatbush brooklyn is up for sale in a rapidly gentrifying neighborhood. This property is a reliable source of cash flow, generating $89,368 in gross income annually with occupants who treat the building as their own. Each unit offers 2 bedrooms, 1 bathroom, and around 700 sq. Ft. (total of 12 bedrooms).
besides its current cash flow, there's tremendous potential for growth.
zoned r7-1, c1-3, with 6,398 unused far, there's room for development or opportunity to sell air rights down the line. Conveniently located at linden blvd/nostrand ave, by prospect park, various train lines, hospitals, brooklyn museum, and shopping centers, this property is centrally positioned in brooklyn's vibrant scene.
if you're looking for an income-generating investment with potential, this is it! it is right by rt. 27, and minutes from the bqe.
don't miss out on this prime turnkey investment or portfolio addition!
- the roof and building are in overall great condition
- storage space available in the basement
- the boiler is 7 years old
- new electric sub-panels (apt 1r & 1l 50amps)
- lot size: 26ft x 126. 8ft (3,298)
- building class: c2
- year built: 1931
- zoning: r7-1, c1-3
Data is provided by The Real Estate Board of New York, Inc..
Listed on April 29, 2024 by Doron Berenholtz from Berkshire Hathaway HomeServices New York Properties, this house is for sale. 12/7 house for sale in New York City listed at $1,250,000, Reference RPLU-798322983385
The multiple listing information is provided by The Real Estate Board of New York, Inc.® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The Real Estate Board of New York, Inc.®. 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 The Real Estate Board of New York, Inc.® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The Real Estate Board of New York, Inc.®. 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.