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$ 2,650,000
Est. payment | /mo
8 Baths
2,500 Sqft Lot
$ 2,650,000
Est. payment | /mo
8 Baths
2,500 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11925007
Full Baths 8
Year Built 1931
Annual Tax Amount $18,174
Tax Year 2025
Lot Size 2,500 Sqft
Property Description
Investor's Delight! Exceptional opportunity to own an income-producing 8-family brown brick walk-up in the heart of the historic South Park neighborhood. Built in the 1930s, this well-maintained property features six rent-stabilized apartments and two free-market apartments, offering an excellent balance of stable income and future growth potential. Each spacious apartment includes two bedrooms, a living room, dining room, kitchen, and full bath, with the fourth-floor apartment boasting beautiful city views. Building improvements include a 4-year-old roof, a new boiler, updated electrical system, double-pane windows, an Energy Star furnace and water heater, a programmable thermostat, and a full basement with Bilco doors. Conveniently located near schools, shopping, restaurants, parks, and public transportation, this is an outstanding opportunity for investors seeking steady cash flow and long-term appreciation. Ideal for a 1031 Exchange buyer or anyone looking to expand their investment portfolio with a solid Brooklyn multifamily asset in a highly desirable location.
Location
State NY
County 36047
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Story 4
Sewer Municipal
Water Municipal
Structure Type Masonry - Brick
Nearby Locations
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