For Sale
$3,000,000

1561 6Th St Brooklyn, NY 11204

16 Units, $3M, High ROI

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A apartment building, located at 1561 W 6th St in Brooklyn, NY (zip code 11204), presents a lucrative investment opportunity. The property boasts 16 units within a single, four-story building constructed in 1928. With a total square footage of 14,240 and situated on a 4,000 square foot lot (APN 6601-66), this well-maintained property offers significant potential for growth. The asking price is $3,000,000, translating to a price per square foot of $210.67 and a price per unit of $187,500. The building is zoned R4-1, allowing for various potential uses and development options. Its convenient Gravesend location adds to its appeal. This multifamily property represents a strong investment in a desirable Brooklyn neighborhood, offering a solid return on investment with potential for future appreciation. The building's history and well-maintained condition contribute to its overall value and attractiveness to investors seeking a stable and profitable asset. Detailed financial information is available upon request.

Property Details for 1561 6Th St

Property type
Apartment buildings
Square Feet
14,240 SF
Class
A
Year Built
1928
Buildings
1
Stories
4
Units
16

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.609089292828
Longitude
-73.979922199018

FAQs

What type of property is this?
Apartment building - 16 Units, $3M, High ROI
Where is the apartment building located?
The property is located at 1561 6Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,000,000.
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.
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1561 6Th St
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