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Key Details
Sold Price $1,380,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,549 sqft
Price per Sqft $248
MLS Listing ID 494877
Sold Date 09/30/25
Bedrooms 12
Full Baths 6
Year Built 1927
Annual Tax Amount $19,615
Property Sub-Type Multi-Family
Property Description
Welcome to this rare, oversized six-family brick home located in the heart of Sunset Park, Brooklyn, offering an impressive cap rate of up to 7%! This well-maintained three-story building with a semi-finished basement features six spacious units, all with practical two-bedroom layouts and separate living rooms and kitchens. Every room—including bedrooms, living rooms, kitchens, and bathrooms—has windows, providing excellent natural light and ventilation throughout. Projected annual rental income is approximately $138,179 with low operating expenses and strong cash flow. Two units are currently vacant; rents were around $1,950 and can be adjusted to $2,000+ based on current DHCR registration and market conditions, offering value-add potential for investors or owner-occupiers. The building measures approx. 22.8 x 81 ft and sits on a 22.83 x 100 ft lot. Located just minutes from supermarkets, restaurants, N/R subway lines, multiple bus routes, and major highways—an unbeatable location for both convenience and future appreciation. This is an ideal opportunity for end-users, investors, or those looking to complete a 1031 exchange. Don't miss out—schedule your private tour today!
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R6A
Rooms
Basement Full, Separate Entrance
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Bought with Brooklyn New York MLS
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