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$2,650,000
Est. payment /mo
2,504 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Park Slope
MLS Listing ID 1054041
Rental Info No
Year Built 1931
Annual Tax Amount $18,263
Lot Size 2,504 Sqft
Acres 0.0575
Property Sub-Type Multi Family
Source onekey2
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 Kings (brooklyn)
Rooms
Basement Bilco Door(s), Full
Interior
Heating Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Connected, Natural Gas Connected
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Brooklyn 15
School District Brooklyn 15
Others
Special Listing Condition None
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Listed by Empire State Realty Group NY • Waqas Azhar
Nearby School & Business
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