2503 E 19th St - Apartments FOR SALE


Brooklyn, NY 11235- Sheepshead Bay
$1,599,000 USD
917-544-8520
2503 E 19th St, Brooklyn, NY for Sale
$1,599,000 USD
Apartments - FOR SALE
1/1
null | 6.23% Cap Rate

2503 E 19th St
Brooklyn, NY 11235
Sheepshead Bay


HIGHLIGHTS

  • A wide variety of shops, restaurants, cafés, supermarkets, and essential services are all within minutes, enhancing both lifestyle and rental appe
  • the Sheepshead Bay subway station serviced by B and Q lines offering direct access to Manhattan B36. B44.BM3 just nearby.

OVERVIEW

Prime Sheepshead Bay Investment Opportunity Introducing a well-maintained, semi-detached brick six-family building in the heart of Sheepshead Bay. This solid three-story property with a full basement offers an impressive footprint, featuring a 21 x 80 building on a 27 x 98 lot, totaling approximately 5,042 sq. ft. of living space. The layout provides 11 bedrooms and 6 full bathrooms, making it an attractive option for investors seeking strong, stable income. The property generates a gross annual income of $134,496 with operating expenses of roughly $34,810, resulting in a net income of about $99,686 and a cap rate exceeding 6.13%. Located in an exceptionally convenient neighborhood, residents enjoy excellent transportation options: the B and Q trains at Sheepshead Bay Station offer a direct commute to Manhattan, and bus lines B36, B44, and BM3 are just steps away. A wide variety of shops, restaurants, cafés, supermarkets, and essential services are all within minutes, enhancing both lifestyle and rental appeal. This is an ideal opportunity to own a strong cash-flowing asset in one of Brooklyn’s most desirable and well-connected communities.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

6

PRICE/UNIT

$266,500

CAP RATE

6.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,618 SF

ZONING

R4

APN/PARCEL ID

07440-0089

ASK ABOUT THIS PROPERTY

Alex PlotkinEXP Realty BKNYMore Info
917-544-8520

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Alex PlotkinEXP Realty BKNYMore Info
917-544-8520

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