4-Family | Fully Renovated | Approved Expansion Plans | $163,000 Gross Annual Income Incredible investment opportunity in East Flatbush! This fully renovated 4-family brick building features four (4) spacious 2-bedroom apartments, each in excellent condition and fully occupied. The property is generating a strong gross annual income of $163,000, making it ideal for investors seeking immediate cash flow. The sale also includes DOB-approved plans to build two additional apartments in the basement, offering tremendous value-add potential. Highlights: Fully leased 4-family building Each unit: 2 bedrooms, modern finishes Gross Annual Income: $163,000 Approved plans to add 2 apartments in the basement Quiet residential block near public transportation, schools, and shopping Whether you're an end-user or investor, this is a high-performing asset with upside in a rapidly appreciating neighborhood.
Active
Price increase: $410K (6/20)
$2,200,000
421 E 94th St, Brooklyn, NY 11212
8beds
5,100sqft
Multi Family
Built in 1930
-- sqft lot
$2,114,100 Zestimate®
$431/sqft
$-- HOA
What's special
Modern finishesExcellent condition
- 69 days
- on Zillow |
- 168 |
- 6 |
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