For Sale
$1,900,000

2226 63Rd St Brooklyn, NY 11204

Prime Bensonhurst multifamily, fully occupied.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity in Bensonhurst, Brooklyn. This fully occupied, four-unit apartment building presents a compelling opportunity for income generation. The property, located at 2226 63rd Street, is a solid brick structure built in 1925, featuring two stories on a 2,500 square foot lot. The building is zoned R4-1. Three of the four units have been recently upgraded, ensuring immediate rental income. The fourth unit offers a value-add opportunity for increased profitability. Current rents are strong, with one unit generating $1,375 per month, another at $1,320, and two additional units each bringing in $1,320 and $1,130 respectively. The asking price is $1,900,000, representing a price per unit of $475,000. This property's prime location in Bensonhurst, combined with its strong rental demand and current occupancy, makes it an ideal investment for those seeking a stable and lucrative cash flow. The building's solid construction and recent renovations further enhance its long-term value and potential for appreciation. Don't miss this chance to acquire a well-maintained, income-producing asset in a thriving Brooklyn neighborhood.

Highlights

  • Exceptional investment opportunity: Fully occupied four-unit building in Bensonhurst, Brooklyn.
  • Solid brick building (1925) on a 2,500 sq ft lot, R4-1 zoning.
  • Three units recently upgraded; one value-add unit.
  • Strong rental income: $1,375, $1,320, $1,320, and $1,130 per month.
  • Asking price: $1,900,000 ($475,000 per unit).

Property Details for 2226 63Rd St

Property type
Apartment buildings
Year Built
1925
Buildings
1
Stories
2
Units
4

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.614401
Longitude
-73.9796424

FAQs

What type of property is this?
Apartment building - Prime Bensonhurst multifamily, fully occupied.
Where is the apartment building located?
The property is located at 2226 63Rd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Fully occupied four-unit building in Bensonhurst, Brooklyn.; Solid brick building (1925) on a 2,500 sq ft lot, R4-1 zoning.; Three units recently upgraded; one value-add unit.
How can I contact the broker?
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2226 63Rd St
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