$999,999

House for sale Brooklyn
Property photo number 1 of 6 Photos for Property. File  104901530_29_22d7ac6c57658a2a9c9d57da8c08c79a.jpeg

Overview

SUMMARY: Discover an opportunity with this Brooklyn house for sale and available for $999,999. This could be your next ideal home or a smart investment. More details await.
Investment opportunity in Brooklyn POTENTIAL TO BE DELIVERED VACANT. Strong in-place income with additional upside potential. The property consists of three 2-bedroom residential units and a ground-floor commercial space, all currently occupied with very cooperative tenants in
place, providing immediate cash flow from day one. Current income is approximately $105,000 annually, with under-market residential rents offering a clear path to increased returns. Two of the three residential units present the opportunity for rental growth, with comparable renovated units in the area supporting higher market rents. The commercial unit provides stable supplemental income, adding to the overall strength of the asset. An additional income stream is also a possibility further enhancing cash flow. Investors will appreciate the balance of existing income and value-add potential, making this an ideal opportunity for both seasoned and entry-level investors looking to grow their portfolio in a steadily appreciating Brooklyn market. Conveniently located near transportation, shopping, and neighborhood amenities, this property is well-positioned for long-term appreciation and income growth. Whether you're seeking a stable hold with upside or a value-add play, This property checks all the boxes.

Details

  • Beds: 6
  • Baths: 3
  • Price: $999,999

Location

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