For Sale
$999,000

590 Maple St Brooklyn, NY 11203

Prime Brooklyn Six-Family, 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a six-unit apartment building located at 590 Maple St, Brooklyn, NY 11203, in Kings County. The property, built in 1931, boasts a substantial 6,000 square feet of space, situated on a 2,500 square foot lot. Currently operating at 100% occupancy, this stabilized multifamily investment offers a compelling value proposition. The asking price is $999,000, translating to $166,500 per unit and $166.50 per square foot. The building is classified as Class B and is zoned R6, allowing for potential future development or expansion, subject to third-party approvals. The brick structure features an extra-wide frontage, enhancing its curb appeal and potential for future value appreciation. This is a primely located property, sold as-is, with the understanding that occupants should not be disturbed. The property's strong occupancy rate and desirable location make it an attractive investment for both seasoned and emerging real estate investors. Detailed financial information is available upon request. Serious inquiries only.

Highlights

  • Excellent location.
  • Significant value-add opportunity.
  • Extra-wide street frontage.

Property Details for 590 Maple St

Property type
Apartment buildings
Square Feet
6,000 SF
Class
B
Year Built
1931
Units
6

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.661217
Longitude
-73.9412284

FAQs

What type of property is this?
Apartment building - Prime Brooklyn Six-Family, 100% Occupancy
Where is the apartment building located?
The property is located at 590 Maple St Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Excellent location.; Significant value-add opportunity.; Extra-wide street frontage.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
590 Maple St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message