192 Hale Avenue, Brooklyn, NY, 11208
8 beds
3 Full baths
1901
Triplex
Presenting 192 Hale Avenue — a solid three-family home with a bonus rear, offering a rare combination of immediate income and built-in upside in Brooklyn's Cypress Hills neighborhood. Set on a 23 x 100 lot with approximately 3,072 sq. ft. of building space across three stories (built 1901), this is exactly the kind of well-positioned multifamily that today's investors and owner-occupants are searching for. The unit mix is the story here. The first-floor two-bedroom will be delivered vacant at closing — move-in ready for an owner-occupant or open for an incoming tenant at market rent. The second- and third-floor three-bedroom units are occupied by long-term, stable tenants (18 years in place) each contributing $2,000/month with leases running through May 2027 — predictable income today with a clear horizon for repositioning down the road. A bonus structure of approximately 1,000 sq. ft., also delivered vacant, offers extra space for the buyer with vision; it needs work, but the potential is real. Behind the walls, the building is set up for efficiency: four separate electric meters, one oil boiler, and one hot water heater. The full, unfinished basement has already been excavated to roughly seven feet with two exterior entrances (front and rear) — the heavy lifting is done for a buyer looking to add value below grade. Location is a genuine advantage. The J train, Highland Park, the Jackie Robinson Parkway, and a full range of neighborhood conveniences are all close at hand, with Manhattan well within commuting reach. Zoned R5B on a residential block in a neighborhood drawing steady attention all type of buyers, 192 Hale Avenue is a flexible, income-producing entry point into Brooklyn ownership.
Status:
Active
Type:
Single-family residential
Units:
3
Heating:
Natural Gas
Cooling:
None
Basement:
Full
Acreage:
0.05
Est. Taxes:
$5,478
Assessment
$54,540
Construction
Brick
Utilities
Electricity Available
Elementary School:
Contact Agent
Middle School:
Call Listing Agent
High School:
Contact Agent
School District:
Contact Agent
Days on Market:
10
MLS #:
1013148
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of eXp Realty 888-276-0630