Commercial For Sale - Multi Family
$8,500,000
42 BA

Size

Baths
42
Stories
4
Interior
32,000 Sq Ft
Exterior
10,000 Sq Ft

Financial

Price
$8,500,000
Annual Taxes
$101,047

Listing Details

Sale or Lease
Sale
Year Built
1925

Description

8014 19th Avenue, Brooklyn, NY 11214

Excellent opportunity to acquire a well maintained 42 unit multifamily investment property in the desirable Bensonhurst section of Brooklyn. Located at 8014 and 8024 19th Avenue, this established residential building consists of 36 one bedroom apartments and 6 two bedroom apartments, offering investors a substantial income producing asset in a strong rental market. According to ownership, the property has maintained an exceptional occupancy history with virtually no vacancies. This consistent demand, combined with an established tenant base and a history of steady rental income, makes the property particularly attractive to investors seeking long term stability. The building has been well maintained and offers an established operating history with consistent rental income and documented expenses. An opportunity to acquire a sizable Brooklyn multifamily asset with immediate income and long term investment appeal. Detailed rent roll, historical income and expenses, and projected financial statements are available for review. All financial information is subject to buyer verification.

Features

  • 200+ Amp Service
  • 3 Phase
  • Block
  • Brick
  • Ceiling Fan(s)
  • Circuit Breakers
  • Concrete
  • Electric
  • Gas
  • Gas Oven
  • Gas Range
  • Hot Water
  • Natural Gas
  • Oil
  • Other
  • Private Bathroom
  • Public Sewer
  • Refrigerator
  • Tub/Shower
  • Window Unit(s)
8014 19th Avenue, Brooklyn, NY 11214

Listing Office: Revolution Realty Group