Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Keller Williams Legendary
Investor Opportunity Legal 4 Family with Significant Upside Unlock the potential of this legal 4 family brick building offering immediate value add opportunities in one of Brooklyn's established residential neighborhoods.
Description
Investor Opportunity – Legal 4-Family with Significant Upside
Unlock the potential of this legal 4-family brick building offering immediate value-add opportunities in one of Brooklyn's established residential neighborhoods. Whether you're looking to renovate, reposition, or expand your portfolio, this property presents multiple avenues to increase cash flow and long-term equity.
The building consists of three 2-bedroom apartments and one spacious 3-bedroom apartment. Two of the 2-bedroom units are vacant, providing the rare opportunity to renovate and lease at today's market rents from day one. A third 2-bedroom unit is occupied by non-paying tenants, while the 3-bedroom apartment is occupied by long-term tenants paying below market rent, creating additional upside for investors with a long-term asset management strategy.
Solid brick construction, generous apartment layouts, and multiple vacant units make this an increasingly hard-to-find opportunity for investors seeking to add value through renovations and improved operations.
Property Highlights:
Legal 4-family brick building
(3) Two-bedroom apartments
(1) Three-bedroom apartment
Two vacant 2-bedroom units ready for renovation or immediate repositioning
One occupied 2-bedroom unit with non-paying tenants
One occupied 3-bedroom unit cooperative tenants paying below-market rent
Strong value-add and income-growth potential
Ideal for experienced investors, developers, or multifamily operators
Opportunity to significantly increase NOI through strategic improvements and lease optimization
Properties offering this combination of vacant units, rental upside, and long-term appreciation potential are becoming increasingly scarce. Bring your vision and capitalize on the opportunity to transform this asset into a high-performing investment.
Being sold as-is. Buyer to perform their own due diligence regarding tenancy, rents, and building condition.
Amenities
- Cable Connected
- Natural Gas Connected
- Other

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.