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!
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
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#: 829118

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