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Off market
  • $1,112,100

    571 New Lots Ave #6, Brooklyn, NY 11207

    5beds
    4,296sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $1,112,100 Zestimate®
    $259/sqft
    $3,295 Estimated rent

    Owner options

    List your home for rent

    $3,295/mo

    Rent Zestimate®

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    $3,295/mo

    Rent Zestimate®

    Refinance and save

    $6,669/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $6,669/mo

    Est. payment

    What's special

    Welcome to New Lots Avenue in East New York. We are proud to present this all brick 6 Family investment property consisting of 5 one bedroom apartments, and 1 studio apartment. The building is well maintained and also offers a full basement with plenty of storage space. There are currently 2 vacancies, and the other 4 apartments do not have leases. There can be an immediate increase in income and there is plenty of upside potential in this building for the next owner. Current rent roll is approximately $45K with roughly $12k in expenses. The building is ideally located on the B15 bus line, only 1 block to the 2, 3, and 4 trains, and close to shopping and restaurants located close by on Linden Blvd and Pennsylvania Avenue.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 6
    Interior area
    • Total interior livable area: 4,296 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1925

    Community & neighborhood

    Location
    • Region: Brooklyn