Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.3 Acres |
Financials
Listing Courtesy of Daniel Gale Sothebys Intl Rlty
Investment opportunity in Brooklyn s private, gated Sea Gate community.
Victorian-style exterior featuring a prominent corner turret, covered front porch, second-story balcony, horizontal siding, and a shingled roof
Description
Investment opportunity in Brooklyn’s private, gated Sea Gate community. This detached 10-unit multifamily property offers two buildings on an expansive 100 *120-foot lot, totaling approximately 12,000 square feet, with approximately 5,211 square feet of building area and ample private parking. Features include hardwood floors, updated kitchen cabinetry, and improvements to the roof, siding, and windows. A full unfinished basement with high ceilings provides additional storage space. Residents enjoy private beach access and 24-hour community security. Annual scheduled rental income is approximately $124,000 before expenses, based on owner-provided rents and assuming full collection.

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.