REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listing Courtesy of RE Max Edge Group
$ 1,599,000
Est. payment | /mo
11 Beds
6 Baths
5,042 SqFt
$ 1,599,000
Est. payment | /mo
11 Beds
6 Baths
5,042 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,042 sqft
Price per Sqft $317
Subdivision Sheepshead Bay
MLS Listing ID RLS20076962
Bedrooms 11
Full Baths 6
HOA Y/N Yes
Year Built 1900
Annual Tax Amount $21,192
Property Sub-Type Multi Family
Property Description
Sheepshead Bay 6-Family Investment Opportunity! Solid semi-attached 6-family brick building located in the Sheepshead Bay section of Brooklyn. This well-maintained property features five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a strong and stable rental mix for investors. The building includes a full-sized unfinished basement with excellent potential for storage or additional utility space. Several recent capital improvements have already been completed, including recent boilers and updated kitchens in most units, helping to reduce future expenses while increasing tenant appeal. With a cap rate over 6%, this property presents a compelling opportunity for investors seeking strong cash flow in Brooklyn. Conveniently situated near shopping, public transportation, schools, restaurants, and all neighborhood amenities. Pre-approval or proof of funds is required prior to scheduling a showing.
Location
State NY
County Kings
Interior
Heating None
Cooling None
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Laundry Building None, None
Exterior
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family,Townhouse
Story 3
New Construction No
Others
Tax ID 07440-0089
Ownership None
Monthly Total Fees $1, 766
Pets Allowed Building No, No
RLS Data display by WJFNY