590 Maple StBrooklyn, NY 11203

Property Details for 590 Maple St

Year built

1931

Lot size

0.06 AC

Property size (Sq ft)

6,000 SF

Zone code

R6

Property type

Apartment buildings

APN

04799-0024

APU

47990024

Description

This exceptional investment opportunity presents a six-unit apartment building located at 590 Maple St, Brooklyn, NY 11203, in Kings County. The property, built in 1931, boasts a substantial 6,000 square feet of space, situated on a 2,500 square foot lot. Currently operating at 100% occupancy, this stabilized multifamily investment offers a compelling value proposition. The asking price is $999,000, translating to $166,500 per unit and $166.50 per square foot. The building is classified as Class B and is zoned R6, allowing for potential future development or expansion, subject to third-party approvals. The brick structure features an extra-wide frontage, enhancing its curb appeal and potential for future value appreciation. This is a primely located property, sold as-is, with the understanding that occupants should not be disturbed. The property's strong occupancy rate and desirable location make it an attractive investment for both seasoned and emerging real estate investors. Detailed financial information is available upon request. Serious inquiries only.

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6612

Longitude

-73.9412

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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