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
    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.
    68 days
    on Zillow
    |
    113
    |
    1
    |
    • Loading
    • Loading