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| Description: 3333724 | |
| Prime Park Slope Investment Opportunity Rare opportunity to acquire a beautiful limestone prewar building in the heart of Park Slope, ideally located between Prospect Park and New York-Presbyterian Brooklyn Methodist Hospital. The property features 15 residential units, consisting of 11 free-market apartments and 4 rent-stabilized units, providing strong in-place income with long-term upside. All apartments feature updated kitchens with stone countertops and renovated bathrooms, and the building has been well maintained with tenants in good standing. Apartments are currently 10â??15% below market rents, offering clear upside for investors. Key Highlights: â?¢ 15-unit limestone prewar building â?¢ 11 free market / 4 rent stabilized units â?¢ Updated kitchens with stone counters & renovated baths â?¢ Ultra-prime Park Slope location â?¢ Apartments ~10â??15% below market â?¢ 6.9% cap rate â?¢ Assumable $6.4M interest-only loan at 5.6% with 1 year remaining A rare chance to acquire a well-maintained asset in one of Brooklynâ??s most sought-after neighborhoods. | |
Details: |
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| Families: | 15 | |
| Property Type: | Multi-Family | |
Financials: |
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| Price: | $7,499,000 | |