This impressive brick construction property in Bensonhurst, Brooklyn, features four fully occupied apartments, making it an ideal investment opportunity

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Bensonhurst

1852 64th St, Brooklyn, NY 11204

This impressive brick construction property in Bensonhurst, Brooklyn, features four fully occupied apartments, making it an ideal investment opportunity. The building is well-maintained and thoughtfully designed, offering a mix of three two-bedroom units and one one-bedroom unit, catering to a diverse tenant base. With a substantial lot size of 2,500 square feet and a building area of 3,116 square feet, the property maximizes space for both occupants and potential income. The current gross income stands at an attractive $64,200 annually, with the possibility of increasing revenue to $82,800 through strategic rent adjustments. Investors will appreciate the favorable cap rate of 3.6% and the potential for significant net income growth. Situated in a vibrant neighborhood, this property is conveniently located near local amenities and public transportation, enhancing its appeal to both current and prospective tenants. The seller is motivated and open to offers, making this a prime opportunity for savvy investors looking to expand their portfolio.

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Building type: Semi-Detached

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Bensonhurst

1852 64th St, Brooklyn, NY 11204

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