Nest Seekers

Oversized six family building offering approximately 6, 150 square feet of living space with spacious apartment layouts throughout.

New York, NY 11207

Listing

Web ID:5347361
Website:https://www.nestseekers.com/5347361

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 14 BR
Bathrooms: 6
Lot Size: 0.1 Acres

Financials

Price:$1,100,000
Annual Taxes:$11,161.40

Description

Oversized six-family building offering approximately 6,150 square feet of living space with spacious apartment layouts throughout. The property consists of four large 2-bedroom units and two 3-bedroom units, providing strong rental appeal and stable income potential. The building is configured with 7 electric meters and 6 gas meters, allowing for separate utilities. Recent improvements include a new boiler and hot water heater, and the roof was replaced approximately six years ago. Conveniently located near public transportation, neighborhood shopping, and local amenities, making it attractive for long-term tenants. Currently generating approximately $88,000 in Net Operating Income (NOI) and offered at approximately a 7% cap rate at the asking price. Excellent opportunity for investors seeking a well-sized multifamily property with solid cash flow in Brooklyn.

Amenities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Other
  • Sewer Connected
  • Trash Collection Public
  • Water Connected
  • View of property
  • Exterior entry

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of Douglas Elliman Real Estate
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