7 Baths
2,400 Sqft Lot
7 Baths
2,400 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 888205
Full Baths 7
Rental Info No
Year Built 1931
Annual Tax Amount $26,579
Lot Size 2,400 Sqft
Acres 0.0551
Property Sub-Type Quadruplex
Source onekey2
Property Description
This turnkey, property is an exceptional investment opportunity, delivered fully occupied for immediate cash flow.
Residential Units
Total of four modern apartments:
(2) four-bedroom units
(2) two-bedroom units
Each unit equipped with its own dedicated boiler for independent heating
All residential tenants guaranteed by the Section 8 program, ensuring stable, government-backed rental income
Separate utilities for commercial tenants
Investment Highlights
Projected NOI: $257,000
Owner pays only for water and common area electricity
Updated systems throughout: plumbing, electrical, and heating
High rental demand in a rapidly developing neighborhood
Strong Future Growth Potential
The property is located near major developments that will add over 1,000 new residential units within a 2-mile radius by 2026:
329 Clarkson Ave (Clarkson Estates): 328 units under development – Learn more
564 Utica Ave (Utica Crescent): 325 units planned – Learn more
These projects are expected to further boost local demand and long-term value.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished
Interior
Interior Features High Ceilings, High Speed Internet, Kitchen Island, Marble Counters, Natural Woodwork, Open Floorplan, Open Kitchen, Other, Quartz/Quartzite Counters, Tile Counters
Heating Baseboard, Natural Gas, Other
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Available, Water Connected
Garage false
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition Real Estate Owned
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Agent