Commercial For Sale - Multi Family
$1,589,000
6 BA

Size

Baths
6
Stories
3
Interior
5,042 Sq Ft
Exterior
2,617 Sq Ft

Financial

Price
$1,589,000
Annual Taxes
$21,200

Listing Details

Sale or Lease
Sale
Year Built
1928
Area
N/A

Description

2503 E 19th Street, Brooklyn, NY 11235

Sheepshead Bay 6-Family Investment Opportunity!
Solid semi-attached 6-family brick building located in the Sheepshead Bay section of Brooklyn. This well-maintained property features five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a strong and stable rental mix for investors.
The building includes a full-sized unfinished basement with excellent potential for storage or additional utility space. Several recent capital improvements have already been completed, including recent boilers and updated kitchens in most units, helping to reduce future expenses while increasing tenant appeal.
With a cap rate over 6 pcnt, this property presents a compelling opportunity for investors seeking strong cash flow in Brooklyn. Conveniently situated near shopping, public transportation, schools, restaurants, and all neighborhood amenities.
Pre-approval or proof of funds is required prior to scheduling a showing.

Features

  • 220 Volts
  • Block
  • Brick
  • Concrete
  • Electric Range
  • Natural Gas
  • None
  • Public Sewer
  • Refrigerator
  • Steam
2503 E 19th Street, Brooklyn, NY 11235

Listing Office: Re/Max Edge