Prime 4-Family Investment Opportunity in Sheepshead Bay, Brooklyn

This exceptional property presents a rare opportunity for both investors and end-users alike! Situated in the highly desirable Sheepshead Bay neighborhood of Brooklyn, this 4-family semi-detached brick building, offering approximately 2492 SF of living space with a detached garage offers strong income potential and long-term value.

The property is fully occupied and features:

• A spacious 2-bedroom apartment on the first floor

• A large 3-bedroom apartment spanning the 2nd to 4th floors

Each unit is separately metered with 4 gas meters and 5 electric meters, along with separate hot water coin systems. Tenants are responsible for their own hot water expenses, helping to minimize owner operating costs.

Financial Highlights:

• Annual Gross Income: $121,200

• Total Annual Expenses: $26077

• CAP Rate: Over 5%

Location Highlights:

Conveniently located between Avenue U & Avenue T, the property is close to:

• Shopping and dining options

• Kings Plaza Mall

• Supermarkets, pharmacies, and schools

Transportation:

Easy access to the B & Q subway lines, multiple bus routes, and the Belt Parkway, providing convenient connectivity throughout Brooklyn and beyond. Delivered vacant!!