ID # | 11502842 |
Details | 8 bed, 4 bath, Lot Size: 0.07 acres, Interior: 5100 ft2, 474m2, Building has 2 floors (DOM): 23 days |
Taxes (per year) | $5,293 |
Broker Website | |
Bus | 2 min: B7 |
4 min: B15, B17, B35, B47, B8 | |
Subway | 7 min: 3 |
LIRR | 1.6 miles: "East New York" |
2.1 miles: "Nostrand Avenue" | |
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4-Family | Fully Renovated | Approved Expansion Plans | $163,000 Gross Annual Income Incredible investment opportunity in East Flatbush! This fully renovated 4-family brick building features four (4) spacious 2-bedroom apartments, each in excellent condition and fully occupied. The property is generating a strong gross annual income of $163,000, making it ideal for investors seeking immediate cash flow. The sale also includes DOB-approved plans to build two additional apartments in the basement, offering tremendous value-add potential. Highlights: Fully leased 4-family building Each unit: 2 bedrooms, modern finishes Gross Annual Income: $163,000 Approved plans to add 2 apartments in the basement Quiet residential block near public transportation, schools, and shopping Whether you're an end-user or investor, this is a high-performing asset with upside in a rapidly appreciating neighborhood.