225-229 23rd Street Multi-Family FOR SALE


Brooklyn, NY - South Slope
$3,350,000 USD
516-650-8549
, Brooklyn, NY for Sale
$3,350,000 USD
Multi-Family - FOR SALE
1/15
null | 10.18% Cap Rate

225-229 23rd Street
Brooklyn, NY
South Slope


HIGHLIGHTS

  • Prime location

OVERVIEW

Introducing a portfolio of 3 adjacent eight family 7500sqFt x 3 properties in the heart of South Slope (4 floors + basement 25x60 built on 100 ft lot). All units are RS and all tenants are paying monthly. The properties are all in good condition and expenses ($91,000) include management & maintenance fees. The monthly rent roll for all 3 properties combined is $36,000. The apartment sizes are all 2br flex railroad. two units per floor (25x60) The asking price is currently at an 8% cap rate. Now is your chance to purchase a portfolio of well maintained buildings, perfect for a 1031 exchange. 225 23rd Street 227 23rd Street 229 23rd Street Currently offered at just $1.2MM per building.

ASK ABOUT THIS PROPERTY

Nate SmithOxford Property GroupMore Info
516-650-8549

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

Nate SmithOxford Property GroupMore Info
516-650-8549

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