Darlene Campisano
19 Hubbard Place, Brooklyn, NY, 11210
1920
ATTN INVESTORS: 16 Units | Flatlands | 4 Vacant Units Massive 16-unit multifamily building for sale in Flatlands (Flatbush). This is the "value-add" opportunity you've been waiting for. A rare find for the strategic investor! Immediate Upside: 4 units delivered vacant at closing—ideal for rent growth. The Income: 12 stabilized units provide a strong, reliable cash flow. Prime Location: Walking distance to Kings Plaza, and major transit. This solid 16-unit brick building in Flatlands/ Flatbush offers the perfect blend of stable income and immediate upside. With four units delivered vacant, gives the new owner significant value-add opportunity for rent growth in a high-demand residential neighborhood. While the building is primarily rent-regulated, the delivery of 3–4 vacant units allows a rare "mark-to-market" opportunity in an otherwise "locked" market. Solid brick construction, updated mechanicals, and a clear path to increased NOI. Act fast—this will not last. Great opportunity for a 1031 exchange!
Status:
Active
Type:
Commercial
Units:
16
Heating:
Natural Gas
Cooling:
None
Basement:
Common
Levels:
4
Parking:
On Street
Acreage:
0.08
Est. Taxes:
$51,780
Assessment
$473,850
Construction
Brick
Utilities
Natural Gas Connected
Days on Market:
4
MLS #:
979243
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of eRealty Advisors, Inc 914-712-6330