Great investment opportunity!
This rent-stabilized 8-family property is ideally located and offers strong cash flow. The front building features 6 units, while the rear building has 2 additional units, including duplex and 3-bedroom layouts.
Between the two buildings is a shared common area, adding to the appeal for tenants. With nearly $200,000 in gross annual income and low operating expenses, this property delivers a cap rate of over 7%. A rare chance for investors seeking steady income and long-term value. The entire building will be delivered fully occupied.
Active
$2,195,000
123 Troutman St, Brooklyn, NY 11206
17beds
--sqft
Building
Built in 1931
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Shared common area
- 68 days
- on Zillow |
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