2791 Linden Blvd Brooklyn, NY 11208

This exceptional investment opportunity presents a two-story, Class C multifamily apartment building located at 2791 Linden Blvd, Brooklyn, NY 11208, in Kings County. Situated on a substantial 40,500 square foot lot and zoned R6, this property offers significant potential for future development. The building comprises 48 residential units, a mix of studios (20), one-bedroom (24), and two-bedroom (4) apartments. The rental mix includes 36 rent-stabilized units, 4 Section 8 units, 4 Community Life units, and 4 BATE units. All but two apartments have undergone renovations within the past seven years, featuring updated amenities such as A/C window units and central hot water baseboard heating (landlord-paid). Tenants are responsible for metered electricity. The building boasts a new roof and most windows have been recently replaced. Verizon service is available within the building, and the property is pet-friendly (small dogs and cats only). Income-generating features include 8 parking spots rented at $150 per month and a large adjacent parking area with 17+ spots currently leased month-to-month at $2,300 per month. A significant vacant commercial space of 12,585 square feet is also available, valued at $35 per square foot, representing an additional potential annual income of $440,475. This property presents a compelling investment opportunity with substantial existing income and significant upside potential.