For Sale
$1,590,000

741 Pennsylvania Ave Brooklyn, NY 11207

Six-unit building, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property at 741 Pennsylvania Avenue in Brooklyn, New York, presents a compelling investment opportunity. The building encompasses 2,850 square feet and comprises six units, offering a total of twelve bedrooms. Its prime location in zip code 11207 provides easy access to local amenities and public transportation, ensuring high tenant demand. The property boasts a strong financial performance, generating a gross annual income of $156,000 and a net annual income of $130,000. This translates to a substantial return on investment for the discerning buyer. The well-maintained structure is ready for immediate occupancy, offering a seamless transition for the new owner. The asking price for this lucrative property is $1,590,000. This is a rare chance to acquire a stable, high-yielding asset in a thriving Brooklyn neighborhood. The property's size and income potential make it an ideal addition to any investment portfolio. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property Details for 741 Pennsylvania Ave

Property type
Mixed-use properties
Square Feet
2,850 SF

Location Insight

City
Brooklyn
County
36047
State
New York
Latitude
40.6655101
Longitude
-73.8918897

FAQs

What type of property is this?
Mixed-use property - Six-unit building, high income potential.
Where is the mixed-use property located?
The property is located at 741 Pennsylvania Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,590,000.
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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741 Pennsylvania Ave
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