| Description: 3337070 | |
| Great investment opportunity- this large Multi family home is located in the desirable East Flatbush neighborhood. ALL solid brick legal 3 Family!! potential rents of $8,500 monthly not included fully finished basement, yearly taxes of $5545, 4 gas meters, 4 electric meters, upgraded electric & Plumbing, updated windows. Top floor is a nice 3-bedroom 2-bathroom apartment, first floor has a 1 bedroom 1 bathroom apartment with a hospitality suite, and a 2-bedroom 1 bathroom apartment in back. The basement is an extra-large space with a separate entrance, 2 bathrooms & 2 summer kitchens, access to the backyard. This house is a rare 20 by 70 feet long structure. Finished basement on 20 x 100 lot R6 zone with additional 3,240 additional buildable FAR! Great upside potential! No leases - Great projected income potential with high CAP return! Clean - NO violations! minutes from the M train line at Saratoga Ave, shopping at Kings Highway & Rockaway Pkwy. walking distance to Kings County hospital, shopping, restaurant & more!! Legal 3-Family Brick Investment in East Flatbush – High Income & Development Upside Outstanding investment opportunity in the desirable East Flatbush section of Brooklyn. This fully brick, legal 3-family property offers strong income potential, flexible layouts, and future development upside on an R6-zoned lot. Projected rental income reaches approximately $8,500/month (not including the fully finished basement), making this an excellent opportunity for investors seeking solid cash flow and long-term appreciation. Property Highlights: Solid all-brick construction Rare 20 ft x 70 ft building on a 20 x 100 lot R6 zoning with approx. 3,240 additional buildable FAR 4 gas meters & 4 electric meters Upgraded electrical & plumbing systems Updated windows Annual property taxes: $5,545 No violations – clean property Unit Configuration: Top Floor: 3-bedroom, 2-bathroom apartment First Floor (Front): 1-bedroom, 1-bathroom + hospitality suite First Floor (Rear): 2-bedroom, 1-bathroom apartment Basement: Extra-large finished space with separate entrance, 2 bathrooms, 2 summer kitchens, and backyard access Location Benefits: Minutes to M train at Saratoga Ave Near Kings Highway & Rockaway Parkway shopping districts Walking distance to Kings County Hospital Close to restaurants, retail, and everyday essentials Investment Advantages: Delivered vacant – no leases Strong projected rental income High CAP rate potential Significant value-add and expansion opportunity A rare chance to acquire a large, income-producing property with additional buildable potential in a growing Brooklyn market. |
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Details: |
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| Families: | 3 | |
| Bedrooms: | 6 | |
| Bathrooms: | 3 | |
| Property Type: | 2 Story | |
| Square Feet: | 2752 | |
| Rooms: | 14 | |
| Lot Size: | 2000 | |
| Built: | 1910 | |
Financials: |
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| Price: | $1,300,000 | |
| Taxes: | $5,545 | |
