Active
  • Price cut: $400K (7/28)
    $3,600,000

    227 23rd St #1, Brooklyn, NY 11232

    48beds
    22,500sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $3,614,300 Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Introducing a unique investment opportunity. This portfolio of three adjacent 8 family properties (7500 sf x 3) is in the heart of south slope (4 floors + bsmt 25×60 built on 100 lot). The properties are all in good condition and expenses ($91,000) include management & maintenance fees. The monthly rent roll for all 3 properties combined is $36,000. The apartment sizes are all 2br flex railroad. Two units per floor (25×60) The asking price is currently over a 9% cap rate. All units RS. Now is your chance to purchase a portfolio of well maintained buildings, perfect for a 1031 exchange. 225 23rd Street 227 23rd Street 229 23rd Street Currently priced at just $1.2MM per building. Make an offer today!
    169 days
    on Zillow
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    249
    |
    14
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    Likely to sell faster than

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