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Size: 0.06 Acres
Type: House
Home: 9 beds - 5 full baths - 1 half bath - 4,824 Sq Ft

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Multi-Family - Brooklyn, NY

Prime 5-Family Investment Property For Sale! Exceptional investment opportunity in the heart of Bay Ridge. This fully renovated 3-story, 5-family building with a finished basement, sits on a large 26.67x100 lot with a large building size of 26.67x60. All apartments are spacious, and beautifully updated —no renovation needed, completely turn-key and ready for investors. 2-3 UNITS CAN BE DELIVERED VACANT. Separate boilers and hot water heaters; Tenants pay for their own gas, heating, and electricity. The property offers strong existing income with a current cap rate of 5.3% and excellent upside potential to reach 7.71%. Conveniently located just a few minutes’ to Fort Hamilton Parkway, close to all daily necessities including supermarkets, restaurants, and shops. The B70 and B4 buses are located nearby for easy and convenient transportation. A rare chance to own a high-performing, low-main...

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Fang Fang Realty Inc

Brooklyn, NY

(718) 676-2518

Xiu Qin (Jenny) Zou

Fang Fang Realty Inc
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Is this your property? Sell it faster with premium placement and targeted ads.