For Sale
$1,250,000

166 93Rd StBROOKLYN, NY 11212

2,500 SF, 4-Family, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional mixed-use property, located at 166 EAST 93RD STREET in Brooklyn, NY 11212, presents a compelling investment opportunity. The 2,500 square foot building is a well-maintained four-family structure strategically situated in the heart of East Flatbush. Its convenient location offers easy access to the 3 train, schools, and places of worship, ensuring high tenant demand and strong rental income potential. The building comprises three two-bedroom units and one one-bedroom unit. A significant feature is the unfinished basement, accessible from a separate street entrance, which includes a shower and toilet. Recent upgrades include a new boiler and water heater, enhancing efficiency and reducing maintenance costs. One two-bedroom unit is currently vacant, along with the basement, providing immediate potential for value enhancement through renovation or lease-up. The asking price is $1,250,000 and is negotiable. The property is being sold "as is." This presents a rare chance to acquire a well-positioned, income-generating asset in a thriving Brooklyn neighborhood. The property's strong fundamentals and potential for upside make it an attractive investment for both seasoned and new investors.

Highlights

  • Asking price: $1,250,000
  • Mixed-use property totaling 2,500 square feet
  • Located in East Flatbush, Brooklyn, NY, near the 3 train, schools, and places of worship
  • Four-family building with three 2-bedroom units and one 1-bedroom unit
  • Features an unfinished basement with a separate street entrance, shower, and toilet
  • New boiler and water heater

Property Details for 166 93Rd St

Property type
Mixed-use properties
Square Feet
2,500 SF

Location Insight

City
BROOKLYN
County
36047
State
New York
Latitude
40.6611009
Longitude
-73.9256881
166 93Rd St, BROOKLYN, New York

FAQs

What type of property is this?
Mixed-use property - 2,500 SF, 4-Family, Investment Opportunity
Where is the mixed-use property located?
The property is located at 166 93Rd St BROOKLYN, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Asking price: $1,250,000; Mixed-use property totaling 2,500 square feet; Located in East Flatbush, Brooklyn, NY, near the 3 train, schools, and places of worship
How can I contact the broker?
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166 93Rd St
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