| ID # | 942051 |
| Construction Year | 1930 |
| Taxes (per year) | $10,362 |
| Fuel Type | Gas |
| Basement | Full basement |
| Bus | 2 min: B14 |
| 3 min: B20, B83 | |
| 7 min: B15 | |
| 9 min: B6, B84 | |
| Subway | 4 min: 3 |
| 7 min: C | |
| LIRR | 0.8 miles: "East New York" |
| 3 miles: "Nostrand Avenue" | |
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Exceptional Investment Opportunity. This solid six-unit building, featuring six one-bedroom apartments, delivers a strong 7% cap rate and reliable year-round income. All units are well-maintained and fully rented, making this a turnkey acquisition for investors seeking immediate cash flow. Convenient location, stable tenancy, and consistent performance make this property an ideal long-term hold.
Property Overview
-Well-maintained structure and systems
-Turnkey, income-producing asset from day one
Investment Highlights
-Reliable Cash Flow: Fully rented with consistent year-round income.
-Low Vacancy Risk: One-bedroom units remain in high demand, supporting strong occupancy stability.
-Operational Efficiency: Straightforward management with predictable operating expenses.
-Value Stability: Multifamily assets in this category historically provide long-term appreciation and income durability.
-Location Advantages: Proximity to transportation, employment centers, and local amenities supports tenant retention and rent resilience. © 2025 OneKey™ MLS, LLC







