166 93Rd StBROOKLYN, NY 11212

Property Details for 166 93Rd St

Property size (Sq ft)

2,500 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property, located at 166 EAST 93RD STREET in Brooklyn, NY 11212, presents a compelling investment opportunity. The 2,500 square foot building is a well-maintained four-family structure strategically situated in the heart of East Flatbush. Its convenient location offers easy access to the 3 train, schools, and places of worship, ensuring high tenant demand and strong rental income potential. The building comprises three two-bedroom units and one one-bedroom unit. A significant feature is the unfinished basement, accessible from a separate street entrance, which includes a shower and toilet. Recent upgrades include a new boiler and water heater, enhancing efficiency and reducing maintenance costs. One two-bedroom unit is currently vacant, along with the basement, providing immediate potential for value enhancement through renovation or lease-up. The asking price is $1,250,000 and is negotiable. The property is being sold "as is." This presents a rare chance to acquire a well-positioned, income-generating asset in a thriving Brooklyn neighborhood. The property's strong fundamentals and potential for upside make it an attractive investment for both seasoned and new investors.

Location Insight

City

BROOKLYN

County

36047

State

New York

Latitude

40.6611

Longitude

-73.9257

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