Sheepshead Bay 6 Family Investment Opportunity !
| Website: | https://www.nestseekers.com/5370605 |
|---|---|
| Address: | 2503 East 19th Street Brooklyn, NY 11235 |
| Cross street: | Avenue Y |
| Type: | Low-rise |
| Era: | Post-war |
| Floors: | 3 |
| Ownership: | income-property |
|---|---|
| Rooms: | 29 |
| Bedrooms: | Studio |
Financials
Price:$1,589,000
Real estate tax:$21,200
Description
Sheepshead Bay 6-Family Investment Opportunity! Solid semi-attached 6-family brick building located in the Sheepshead Bay section of Brooklyn. This well-maintained property features five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a strong and stable rental mix for investors. The building includes a full-sized unfinished basement with excellent potential for storage or additional utility space. Several recent capital improvements have already been completed, including recent boilers and updated kitchens in most units, helping to reduce future expenses while increasing tenant appeal. With a cap rate over 6%, this property presents a compelling opportunity for investors seeking strong cash flow in Brooklyn. Conveniently situated near shopping, public transportation, schools, restaurants, and all neighborhood amenities. Pre-approval or proof of funds is required prior to scheduling a showing.
Amenities
- Air Conditioning
- Voice Intercom
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of Remax Edge | |