New York, NY 11236

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.4 Acres

Financials

Price:$10,500,000
Annual Taxes:$7,102.28
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 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
View of apartment building / complexView of apartment building / complexView of building exteriorView of building exteriorFoyer with wood finished floorsFoyer with wood finished floorsSpare room with light wood-type flooring and an AC wall unitSpare room with light wood-type flooring and an AC wall unitBathroom with vanity, tile walls, and washtub / shower combinationBathroom with vanity, tile walls, and washtub / shower combination

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

Long Island MLS

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.