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Sold for $1,700,000 on 05/02/25
  • $1,700,000

    596 Eastern Parkway, Brooklyn, NY 11225

    6beds
    3,207sqft
    Triplex
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $530/sqft
    $5,340 Estimated rent

    What's special

    Prime Multifamily Investment Opportunity. This three-unit apartment building offers a fantastic investment opportunity in a high-demand area. Built circa 1915, the property features three (3) two-bedroom 1-bathroom apartments, currently all month to month providing steady rental income. Prime Location: Situated on Eastern Parkway with excellent visibility, easy access to public transportation, and strong tenant demand. Strong Income Potential: Comparable two-bedroom rentals in the area support a solid revenue stream. Well-Maintained Building: Professionally managed with no major deferred maintenance, featuring durable masonry and brick construction. Desirable Unit Features: Each apartment has separate electric and gas meters, plus double-hung aluminum frame windows with thermopane glass. Functional Improvements: Gas-fired heating units, PVC-to-cast iron plumbing, and brass potable lines enhance efficiency. Low Operating Expenses: Efficient management and low vacancy rates contribute to strong cash flow. Additional Features: One interior stairwell, no elevator, and battery-operated smoke alarms in each unit. This well-maintained property is a rare chance to acquire a cash-flowing asset in one of Brooklyn’s most sought-after neighborhoods. Don’t miss this exceptional investment opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: May 05, 2025 at 07:18am

    Listed by:

    Eric J. Allen 914-343-3924,

    Chess Real Estate Services LLC 914-343-3924,

    Andre S. Samuels 914-752-8551,

    Chess Real Estate Services LLC

    Bought with:

    Eric J. Allen, 10491211768

    Chess Real Estate Services LLC

    Andre S. Samuels, 10401373213

    Chess Real Estate Services LLC

    Source: OneKey® MLS,MLS#: 829118MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • None
    Features
    • First Floor Bedroom
    • Basement: Common
    Interior area
    • Total structure area: 3,207
    • Total interior livable area: 3,207 sqft

    Property

    Lot
    • Size: 1,995 sqft
    Details
    • Parcel number: 012690029
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Other
    • Foundation: Other
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: None

    Community & neighborhood

    Location
    • Region: Brooklyn

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    Services availability