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350 E 51st St Listing Description Investment Opportunity Legal 6 Unit Building in Brooklyn Welcome to 350 E 51st Street, a legal six unit multifamily property offering an excellent opportunity ...

New York, NY 11203

Listing

Web ID:5750686
Website:https://www.nestseekers.com/5750686

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$999,999
Annual Taxes:$19,184.04

Description

350 E 51st St – Listing Description Investment Opportunity – Legal 6-Unit Building in Brooklyn Welcome to 350 E 51st Street, a legal six-unit multifamily property offering an excellent opportunity to acquire an established producing asset in a highly active Brooklyn rental market. The building consists of six residential apartments, including one one-bedroom unit and five two-bedroom units, providing a strong and diversified rent roll. The property is rent stabilized and is currently occupied, making it well suited for an investor looking for an existing multifamily asset with consistent in-place income. The building is in good overall condition and also features an unfinished basement currently utilized for storage, providing additional functional space for the property. Conveniently located in Brooklyn with access to neighborhood shopping, restaurants, schools, parks, public transportation, and major roadways, the property benefits from the consistent rental demand and accessibility that make this area attractive to long-term multifamily investors. Property Highlights: Legal 6-unit multifamily building Rent stabilized 1 one-bedroom apartment 5 two-bedroom apartments Strong existing rent roll Property currently occupied Good overall condition Unfinished basement utilized for storage Established Brooklyn rental location Excellent opportunity for a long-term multifamily investor

Amenities

  • Electricity Connected

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 1st American One NYC LTD
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