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Carey Yang

careyyangexitny@gmail.com +1(917) 882-8031

$ 1,288,000

Est. payment | -/mo

9 Beds

6 Baths

2,514 SqFt

Save

$ 1,288,000

Est. payment | -/mo

Save

9 Beds

6 Baths

2,514 SqFt

Open House

Sat Sep 19, 1:30pm - 2:30pm

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,514 sqft

Price per Sqft $512

MLS Listing ID 504161

Bedrooms 9

Year Built 1932

Annual Tax Amount $13,195

Lot Dimensions 26.67x100

Property Sub-Type Multi-Family

Property Description

Presenting a fully detached Class C5 multi-family property situated within desirable R6 zoning, offering exceptional versatility and strong income-producing potential, delivered completely renovated and fully vacant for immediate occupancy or investment positioning. The layout features two well-appointed one-bedroom units on the first floor (front and rear, each offering three-room configurations), a spacious full four-bedroom apartment on the second level, and the lower level showcasing a full three-bedroom residence with an open-concept floorplan. This turnkey asset is projected to generate approximately $11,000 per month, or $130,000 annually, yielding an estimated 8% cap rate—making it an outstanding opportunity for investors, including those seeking a strategic 1031 exchange. The property features a newly installed roof, upgraded stucco siding, and energy-efficient windows, complemented by meticulously designed custom kitchens and upscale, luxurious bathrooms throughout. The property has been comprehensively updated, including new electrical wiring and plumbing, and is enhanced by modern, energy-efficient mini-split heating and cooling systems for year-round comfort and performance. Additional features include a shared driveway with rear parking and private yard for entertaining. A highly convenient location near an array of restaurants, cafes, shops, gyms, medical offices, and excellent transportation options including the B1 and B68 bus lines, as well as the B and Q trains, with close proximity to Brighton Beach.
MLS Approve-No Financial provided due to property being vacant

Location

State NY

County Kings (brooklyn)

Area Brighton Beach

Zoning R6

Rooms

Basement Finished, Full, Walk-in

Interior

Hot Water Gas

Heating Electric

Flooring Hardwood, Tile

Heat Source Electric

Exterior

Exterior Feature Brick, Stucco

Amenities Available NONE

Roof Type Pitched

Handicap Access Unknown

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Electric

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by Century 21 Homefront Realty

Nearby Locations

GET MORE INFORMATION

Carey Yang

Broker-Owner Lic# 10491202683

careyyangexitny@gmail.com

+1(917) 882-8031

6203 18th Ave, Brooklyn, NY, 11204

3013 Brighton 5th ST Brooklyn, NY 11235

Carey Yang

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

3013 Brighton 5th ST