1634 E 2nd St - Multi-Family FOR SALE


Brooklyn, NY 11230- Midwood
$2,199,000 USD
646-282-6378
1634 E 2nd St, Brooklyn, NY for Sale
$2,199,000 USD
Multi-Family - FOR SALE
1/15
null | Request Cap Rate

1634 E 2nd St
Brooklyn, NY 11230
Midwood


HIGHLIGHTS

  • Prime Midwood Location – Rare Investment Opportunity!
  • 1,700 sq. ft. Finished Basement with 2 Bathrooms & Storage!
  • Shared Driveway with Parking for 1-2 Cars!
  • Minutes to F Train (Ave P), Buses, Shops & More!

OVERVIEW

LOCATION , LOCATION , LOCATION!!! Highly desirable Prime Midwood! Welcome to this rare investment opportunity. Solid brick building on a 25x112 lot, massive 21x81 semi-detached four-family house recently updated from top to bottom. 1,700sq ft full finished basement with two bathrooms. Shared driveway for added convenience and accessibility for residents. Advanced security camera system is in place for additional safety. The property consists of two well-appointed three-bedroom/one-bath units on the top floor, and two spacious two-bedroom/one-bath units on the first floor. The finished basement includes well maintained mechanical and electrical rooms, as well as ample storage and recreational space. Parking is available for at least one vehicle, with the potential for two. Additionally, there is a spacious cinder block shed that can be converted into a garage or utilized as extra-large storage space, catering to the needs of the residents. Both 3bdrms and one 2bdr are currently leased bringing steady high market value income. The second 2 bdr will be delivered vacant ($3,027 worth additional income). Location can’t get any better, as it’s within minutes away to the F train Avenue P train station as well to bus stop and countless supermarkets, banks, pharmacies and much more! Don't miss out on this exceptional investment opportunity in Prime Midwood. Whether you are a seasoned investor or looking to enter the real estate market, this well maintained four-family home offers tremendous potential and is ready to deliver substantial returns. Submit your offers today!

FOR SALE DETAILS

PRICE

$2,199,000 USD

PRICE/SF

$646 USD /SF

# OF UNITS

4

PRICE/UNIT

$549,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1634 E 2nd St, Brooklyn, NY 11230-6911

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,875 SF

ZONING

R5

APN/PARCEL ID

06608-0036

ASK ABOUT THIS PROPERTY

Karina UmarovaTop NestMore Info
646-282-6378

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Karina UmarovaTop NestMore Info
646-282-6378

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.