Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.4 Acres |
Financials
Listing Courtesy of Blue Key Real Estate Brokerage
Perfect here s a clean, investor focused description for that Canarsie property Turn Key 24 Unit Investment Property in Canarsie, Brooklyn An outstanding opportunity in the heart of Canarsie, Brooklyn ...
- View of apartment building / complex
- View of apartment building / complex
- View of building exterior
- View of building exterior
- Foyer with wood finished floors
- Foyer with wood finished floors
- Spare room with light wood-type flooring and an AC wall unit
- Spare room with light wood-type flooring and an AC wall unit
- Bathroom with vanity, tile walls, and washtub / shower combination
- Bathroom with vanity, tile walls, and washtub / shower combination
- Spare room featuring light wood-style floors and a wall mounted air conditioner
- Spare room featuring light wood-style floors and a wall mounted air conditioner
- Unfurnished room with light wood finished floors and a wall unit AC
- Unfurnished room with light wood finished floors and a wall unit AC
- Detailed view of wood finished floors and a wall unit AC
- Detailed view of wood finished floors and a wall unit AC
- Hallway with wood finished floors
- Hallway with wood finished floors
- Kitchen featuring stainless steel electric range oven, dark countertops, brown cabinets, and dark wood-type flooring
- Kitchen featuring stainless steel electric range oven, dark countertops, brown cabinets, and dark wood-type flooring
- Unfurnished room with light wood finished floors and a wall unit AC
- Unfurnished room with light wood finished floors and a wall unit AC
- Empty room featuring light wood-style floors and a wall mounted air conditioner
- Empty room featuring light wood-style floors and a wall mounted air conditioner
Description
Perfect—here’s a clean, investor-focused description for that Canarsie property:
Turn-Key 24-Unit Investment Property in Canarsie, Brooklyn
An outstanding opportunity in the heart of Canarsie, Brooklyn—this well-maintained 24-unit brick building features all 2-bedroom, 2-bath apartments, ideal for steady rental demand. Tenants pay all utilities except water, with all-electric systems, eliminating the need for gas, boiler maintenance, or a compactor room.
The building includes:
Legal super’s unit
Accessory office in the basement with half bath
Additional storage rooms
No elevator = lower maintenance
421A Tax Abatement in place
Low operating expenses
With a NOI of $649,000 and a Net Cap Rate of 6.2%, 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.
Amenities
- Electricity Available
- Stainless Steel Appliance(s)
- Walk Up

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.