Sheepshead Bay Real Estate

1814 East 19th Street, Homecrest, NY 11229

[Homecrest Real Estate, listing number 3349191]



Description: 3349191
   Rare-find 12-family detached brick building with 9 of 12 apartments delivered vacant at closing, located in prime Homecrest! This is an extremely rare opportunity offering 75% vacancy at closing and tremendous flexibility and value-add potential for the new owner, subject to applicable rent regulations. The building consists of 12 one-bedroom apartments with a total of 34 rooms and 12 bathrooms. The remaining 3 apartments are tenant occupied. Building size 40x86 ft with approximately 8,378 sq ft sitting on a 40x100 ft lot. Property features brass plumbing, upgraded electrical service capable of supporting 24 air-conditioning units along with other electrical needs, and a relatively newer gas/oil combination boiler currently operating on gas. Fully detached construction provides excellent natural light and ventilation throughout. Conveniently located near public transportation, shopping, restaurants, schools, and the Kings Highway/Avenue U commercial corridors. Extremely rare opportunity to acquire a 12-unit Brooklyn apartment building with 9 vacancies at closing!

Details:
   Families: 12
   Bedrooms: 12
   Bathrooms: 12
   Property Type: Multi-Family
   Rooms: 36
   Built: 1926

Financials:
   Price: $1,999,000

 

RE/MAX Edge
Jason Zhou
Office: (718)612-3088

email: jasonzhourealty@gmail.com
provided by Brooklyn Bd of Realtors