Prime 4-Family Investment Opportunity in Sheepshead Bay, Brooklyn This exceptional property presents a rare opportunity for both investors and end-users alike! Situated in the highly desirable Sheepshead Bay neighborhood of Brooklyn, this 4-family semi-detached brick building, offering approximately 2492 SF of living space with a detached garage offers strong income potential and long-term value. The property is fully occupied and features: â?¢ A spacious 2-bedroom apartment on the first floor â?¢ A large 3-bedroom apartment spanning the 2nd to 4th floors Each unit is separately metered with 4 gas meters and 5 electric meters, along with separate hot water coin systems. Tenants are responsible for their own hot water expenses, helping to minimize owner operating costs. Financial Highlights: â?¢ Annual Gross Income: $121,200 â?¢ Total Annual Expenses: $26077 â?¢ CAP Rate: Over 5% Location Highlights: Conveniently located between Avenue U & Avenue T, the property is close to: â?¢ Shopping and dining options â?¢ Kings Plaza Mall â?¢ Supermarkets, pharmacies, and schools Transportation: Easy access to the B & Q subway lines, multiple bus routes, and the Belt Parkway, providing convenient connectivity throughout Brooklyn and beyond. Delivered vacant!!
Details:
Families:
4
Bedrooms:
11
Property Type:
Multi-Family
Built:
1920
Financials:
Price:
$1,850,000
RE/MAX Real Estate Professionals Huizhen (rose) Li Direct: (718)872-5522 Office: 718-872-5522
![[Sheepshead Bay Real Estate, listing number 3336588]](https://www.vlshomes.com/images/full/3336588a.jpg)