448 E 94th St

brooklyn, NY 11212

2 200 000 USD

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    448 East 94th St. AKA address 448-456 E94th St, is an excellent opportunity to acquire a solid red-brick, four-story pre-war 28-unit multifamily building in the heart of East Flatbush, Brooklyn. This well-maintained walk-up property with spacious pre-war apartments ranging from studios to 3 bedrooms attracts a strong rental demand and provides steady cash flow. With a CAP rate near 8%, the property offers immediate income as well as long-term appreciation potential. Fully occupied, all apartments are rent-stabilized, with no rent control in place. The building enjoys a prime location surrounded by multiple shopping and dining choices. Neighborhood perks include the modern amenities of nearby Kennedy Park and sporting opportunities at Betsy Head Park. Multiple bus lines and the 2, 3, 4, and 5 subway lines at Saratoga Avenue ensure convenient transportation throughout the city. With consistent occupancy, rental upside, and highly desirable pre-war layouts, this 28-unit brick building is a substantial addition to any investment portfolio. As a bonus, the opportunity to acquire a similar property located at 455 could add another 25 units to this asset collection. DHCRs can be provided upon request. Buyer is responsible for due diligence.

    Detaljer

    25,600 Sq Ft

    8,000 Sq Ft Partistørrelse

    kommersiell

    80 563 USD Årlig skatt

    Bygget i 1928

    MLS/Oppførings-ID 917095

    28 Enheter

    Fasiliteter og funksjoner

    Parking - On Street

    Heating - Natural Gas

    Heating - Oil

    Construction - Brick

    Hardwood

    Keramiske fliser

    Beregn boliglånet mitt

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