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!
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
- 169 days
- on Zillow |
- 249 |
- 14 |
Likely to sell faster than
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