The New York Multifamily Team at Marcus & Millichap is pleased to present 190 Rockaway Avenue, an 8-unit rent-stabilized multifamily asset located in Brooklyn, NY. This property generates a Net Operating Income (NOI) of $68,199 and offers a pro forma cap rate of 8.0%, with 5,600 square feet of space and significant rental upside. The Opportunity • The Building: This four-story building, totaling 5,600 square feet, is ideally situated in Brooklyn, NY, and features residential units that generate consistent rental income. • The Metrics: 7.8% Cap Rate | $156 Per Sqft | $109,375 Per Unit • Prime Location: Located in a vibrant Brooklyn neighborhood, the asset is near major transportation options, offering easy access to local amenities, parks, and commercial districts, making it a highly attractive investment opportunity.