2226 63Rd StBrooklyn, NY 11204

  • Apartment buildings
For Sale
$1,900,000 View listing

Property Details for 2226 63Rd St

Year built
1925
Property type
Apartment buildings

Description

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.

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6144
Longitude
-73.9796

FAQs

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