70 Aster

70 Aster Court, Brooklyn, NY 11229

70 Aster Court, Brooklyn, NY 11229 — Investor Opportunity! INVESTORS NEEDED! Excellent opportunity to acquire an income-producing property in the desirable Gerritsen Beach community of South Brooklyn. This property features an established tenant with approximately 5 years of occupancy, a history of no late payments, and owner-provided rent verification. Month-to-month tenancy with no current lease. Tenant pays gas and electric; owner pays water and sewer. The property features hardwood floors throughout, newer electrical, and renovations completed following Hurricane Sandy. Additional features include dishwasher and microwave. Roof is approximately 20 years old; stove approximately 5 years old; water heater and heating unit approximately 2012/2013. Refrigerator is tenant-owned. Highly motivated seller looking to sell quickly! Cash buyers preferred. Property being sold AS IS. An excellent opportunity for an investor seeking an established rental and long-term potential in a unique Brooklyn waterfront community. Gerritsen Beach offers a charming neighborhood atmosphere with nearby Marine Park, recreational facilities, ballfields, waterways, local shops and waterfront amenities. DRIVE-BY ONLY AT THIS TIME. Please do not loiter or disturb the tenants. The occupants are respectful and have busy lives; their privacy must be respected. Access is limited due to occupancy. Serious investors encouraged to inquire. Buyer to conduct independent due diligence regarding property condition, tenancy, rents, taxes, zoning and all other applicable matters. Cash buyers preferred. Property offered AS IS. 70 Aster Court, Brooklyn, NY 11229 — Investor Opportunity in Gerritsen Beach INVESTORS NEEDED — A TURNKEY INCOME OPPORTUNITY IN ONE OF SOUTH BROOKLYN'S MOST DISTINCTIVE COMMUNITIES Opportunity is knocking in Gerritsen Beach! 70 Aster Court presents an exciting opportunity for an investor seeking an income-producing property with an established tenancy and a highly motivated seller. Situated in the unique waterfront community of Gerritsen Beach, this property offers the opportunity to own in a neighborhood known for its maritime character, residential charm, nearby parks, recreational amenities and access to the natural beauty of Marine Park. Marine Park encompasses approximately 530 acres of grassland and salt marsh, with trails, ballfields, playgrounds, boating opportunities and other recreational amenities. WHY THIS PROPERTY DESERVES YOUR ATTENTION Established Tenant — Approximately 5 Years of Occupancy The property currently has an established tenant who has occupied the home for approximately five years. The owner can provide rent verification, and there is a history of no late rental payments. Month-to-Month Tenancy There is no current lease, and the tenancy is month-to-month, offering a future owner flexibility depending upon their investment strategy and applicable laws. Tenant-Paid Utilities The tenant pays gas and electric, while the owner pays water and sewer. Recent Improvements The property features hardwood floors throughout and newer electrical components. The property also underwent renovations following Hurricane Sandy. Key Mechanical Details Roof: approximately 20 years old Stove: approximately 5 years old Refrigerator: tenant-owned Dishwasher: included Microwave: included Water heater: approximately 2012/2013 Heating unit: approximately 2012/2013 Newer electrical MOTIVATED SELLER — OPPORTUNITY TO MOVE QUICKLY The property owner is highly motivated and looking to sell quickly, creating an opportunity for a qualified investor who can move decisively. Cash buyers preferred. The property is being offered AS IS, making this an ideal opportunity for an investor to evaluate the existing income profile and determine the best long-term strategy. Due to the property's current occupancy, access is limited and showings are subject to the seller's guidelines. The property is being offered with an emphasis on the existing condition and income-producing profile, with prospective purchasers encouraged to conduct their own due diligence. A UNIQUE SOUTH BROOKLYN LOCATION Gerritsen Beach offers something increasingly difficult to find in New York City: a distinctive residential setting with a maritime, neighborhood-oriented atmosphere while remaining part of Brooklyn. The community sits alongside waterways and natural areas, while nearby Marine Park provides extensive green space and recreational opportunities. Residents enjoy access to local shops and services along Gerritsen Avenue, recreational facilities, waterfront activities and nearby attractions throughout Southern Brooklyn. For an investor, the appeal extends beyond the property itself: location, existing occupancy and the opportunity to acquire an income-producing asset in a highly distinctive Brooklyn community make this one worth taking a serious look at. IMPORTANT ACCESS & OCCUPANCY NOTICE DRIVE-BY ONLY AT THIS TIME. Please do not loiter on or around the property and do not disturb the occupants. The tenants are friendly, respectful people with busy lives, and their privacy and peaceful enjoyment of the property must be respected. All prospective purchasers should perform their own due diligence regarding the property, tenancy, rents, utilities, condition, zoning, taxes, legal status and all other matters material to their purchase. THE BOTTOM LINE Investors looking for an established tenant, documented rental history, month-to-month occupancy and a motivated seller should take notice. 70 Aster Court is an opportunity to acquire a Brooklyn income property in the unique Gerritsen Beach community — with an existing tenant in place and a seller ready to make a deal. Cash buyers preferred. Serious investors only.