This well-maintained six-family building in East New York presents a remarkable investment opportunity

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East New York

637 Bradford St, Brooklyn, NY 11207

This well-maintained six-family building in East New York presents a remarkable investment opportunity. Comprising five two-bedroom apartments and one one-bedroom apartment, the property is designed to accommodate a diverse range of tenants. The unfinished basement features its own entrance and provides convenient access to the backyard, enhancing the overall usability of the space. The owner has diligently managed the property, ensuring that all units are in excellent condition and that tenants consistently pay their rent on time. Situated on a 28 x 100 lot with an R6 zoning designation, this building offers significant potential for future development. The location is highly advantageous, providing easy access to grocery stores, shopping, and public transportation options, including local bus and subway services. With an annual rental income of approximately $108,000 and an estimated cap rate of 7%, this property is an attractive prospect for any investor.

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Building type: Detached

Style: Other

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4 Spaces

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East New York

637 Bradford St, Brooklyn, NY 11207

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