Boro Park Real Estate

771 East 9th Street, Flatbush, NY 11230

[Flatbush Real Estate, listing number 3337270]



Description: 3337270
   Turnkey 6 Family Investment in Excellent Condition Located in the desirable Kensington/Flatbush area, this well-maintained semi-detached 6-family brick building presents a rare opportunity to acquire a fully occupied, income-producing asset in excellent condition. The property consists of three stories plus a full basement and features six spacious units, primarily 3-bedroom layouts, a highly desirable configuration that supports long-term tenant stability and consistent demand. Income & Performance: The building generates approximately $138,800+ in annual gross income with all units currently occupied. Operating expenses are approximately $43,000+ plus real estate taxes (~$22,787), providing a stable, predictable cash flow profile. Investment Highlights: â?¢Fully occupied, immediate income from day one â?¢Excellent building condition, minimal near-term capital expenditure â?¢Strong unit mix with large 3 bedroom apartments â?¢Long-term hold with consistent rental demand â?¢Solid Brooklyn location with established tenant base Property Features: â?¢Approx. 5,000 sq ft building â?¢Semi-detached brick construction â?¢Hardwood and tile flooring throughout â?¢Full basement for storage/mechanical â?¢Rear yard Location: Conveniently situated near public transportation, shopping, schools, and major roadways, offering easy access throughout Brooklyn and into Manhattan.

Details:
   Families: 6
   Bedrooms: 17
   Property Type: Multi-Family
   Rooms: 32
   Built: 1925

Financials:
   Price: $1,349,000

 

Tiger Realty
Peter Pan
Office: (917)708-9966

email: peterpan.se7en@hotmail.com
provided by Brooklyn Bd of Realtors