2503 E 19th Street, Brooklyn, NY 11235

$1,589,000

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List Price
$1,589,000
Price Change
▼ $10,000 1777746619
Days on Market
138
MLS#
971224
Status
ACTIVE
Property Type
Multi Family
Year Built
1928
Property Tax
$21,200
School District
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High School
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Jr. High
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Elementary School
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Property Description

Sheepshead Bay 6-Family Investment Opportunity! Solid semi-attached 6-family brick building located in the Sheepshead Bay section of Brooklyn. This well-maintained property features five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a strong and stable rental mix for investors. The building includes a full-sized unfinished basement with excellent potential for storage or additional utility space. Several recent capital improvements have already been completed, including recent boilers and updated kitchens in most units, helping to reduce future expenses while increasing tenant appeal. With a cap rate over 6%, this property presents a compelling opportunity for investors seeking strong cash flow in Brooklyn. Conveniently situated near shopping, public transportation, schools, restaurants, and all neighborhood amenities.

Additional Information

Acres
0.06
Parking
Off Street
Stories
3
Basement
Full, Unfinished
Heating
Natural Gas
Cooling
None
Water
Other
Sewer
Other

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Josephine Sabatino (josellsny@gmail.com) from Listing Office: RE/MAX Edge.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.