$1,500,000

House for sale Brooklyn
Property photo number 1 of 14 Photos for Property. File  99952865_29_513bd90e60becdcafca43b5cd7fe0150.jpeg

Overview

SUMMARY: Discover an opportunity with this Brooklyn house for sale and available for $1,500,000. This could be your next ideal home or a smart investment. More details await.
Prime Avenue U / MidWood Location Turnkey Six-Family Income Producer, Exceptional investment opportunity in a well-maintained six-family building (20 x 72 on a 20 x 100 lot) with a clean inspection record, including roof, electrical, gas, water, and Local Law 11 requirements. All units are one-bedroom apartments, fully leased except one apartment is empty now , it with annual rent increases of 3% for 1-year leases and 4.5% for 2-year leases. Current annual income is approximately $111, 000, and low annual expenses around $29, 200, generating a strong 55.5% cap rate. Building is located near Avenue Us vibrant shopping, dining, and services, close to top-rated school P.S 95, parks, and transportation F train with quick access to Manhattan. This is a true cash-flow propertyno major repairs needed, immediate rental income, and long-term growth potential in a sought-after neighborhood.
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Brooklyn NY 11223

6 bedroom house for sale

  • Beds: 6
  • Baths: 6
  • Price: $1,500,000
  • Area: 4,320 sqft

Location

Brooklyn NY 11223

6 bedroom house for sale

< House Brooklyn

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This House for sale is located at Brooklyn NY 11223. The home has 6 Bedroom and 6 Bathrooms. This 6 bedroom House in Brooklyn NY is for sale for $1,500,000 .

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