Lawrence Ave Brooklyn, NY 11230

This exceptional investment opportunity presents two adjacent six-family brick apartment buildings in Brooklyn, New York, totaling twelve units. Situated on a generous 48x100 lot, this property offers significant upside potential. The buildings benefit from R5 and R7 zoning, allowing for a buildable footprint of 48x71. Currently generating an annual rental income of $278,000, a comprehensive analysis reveals a potential to increase the annual rent roll to $402,800. This represents a substantial increase in revenue and a strong return on investment. The property's location in the 11230 zip code of Kings County provides easy access to various amenities and transportation options. The brick construction ensures durability and longevity, minimizing maintenance costs. This package deal presents a rare chance to acquire a well-established multifamily property with significant room for growth and value appreciation. The existing rental income provides immediate cash flow, while the zoning and lot size offer exciting possibilities for future development or expansion. This is an ideal investment for experienced real estate investors seeking a high-yield property in a prime Brooklyn location. Detailed financial statements and property information are available upon request.