This 6-family w/ 3 Market Rent and 3 Rent Stabilized apartments delivers strong, reliable cash flow with an 8.15% cap rate, offering a compelling return in today's market. This prime investment opportunity is located in the South Slope area of Park Slope!Monthly Rent Roll: $11,244 | Annual Rent Roll: $134,915 | Annual Expenses: $61,535 | NOI: $73,380Lot: 20 x 100 ft | Building: 20 x 75 ft | 3 Stories + Basement | Zoning: C-2 | 6 Residential Units | Rent Stabilized.1 apartment on the ground floor has become vacant and will remain so, incase a buyer wishes to be owner operated. Otherwise it can be immediately rented out upon closing. The property has deferred maintenance and is priced accordingly, representing a straightforward income play for an experienced investor or owner-operator comfortable with a building that requires attention. Income is consistent, making this a steady cash-flowing asset in one of Brooklyn's most sought-after and transit-accessible neighborhoods.All information deemed reliable but not guaranteed. Buyers to perform their own due diligence.
354 E 21st Street | MLS# 1006016
This commercial property located at 354 E 21st Street, Brooklyn, NY 11226 is currently listed for sale with an asking price of $900,000. E 21st Street is located within the Contact Agent school district. Search Brooklyn real estate on vinosharma.laffey.com today.
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354 E 21st Street | MLS# 1006016
This commercial property located at 354 E 21st Street, Brooklyn, NY 11226 is currently listed for sale with an asking price of $900,000. E 21st Street is located within the Contact Agent school district. Search Brooklyn real estate on vinosharma.laffey.com today.