2622 Ave Y - Multi-Family FOR SALE


Brooklyn, NY 11235- Sheepshead Bay
$1,699,000 USD
917-939-3760
2622 Ave Y, Brooklyn, NY for Sale
$1,699,000 USD
Multi-Family - FOR SALE
1/16
null | Request Cap Rate

2622 Ave Y
Brooklyn, NY 11235
Sheepshead Bay


OVERVIEW

Presenting an exceptional investment opportunity in the heart of Brooklyn, this three-family residence at 2622 Avenue Y is currently utilized as a five-family income-generating property. Strategically located near local businesses, recreational facilities, and a playground, the home offers both convenience and rental appeal. The property includes a rear studio on the lower level currently rented for $1,600/month (utilities included), and a vacant two-bedroom unit at the front of the same level with a projected rent of $2,500/month. The first floor features a spacious, vacant three-bedroom apartment with a projected monthly rent of $3,500. The second floor comprises two occupied two-bedroom units - one generating $2,000/month and the other $2,200/month, the latter including one parking space. This property presents a strong opportunity for both immediate income and long-term appreciation in a vibrant neighborhood setting.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$664 USD /SF

# OF UNITS

5

PRICE/UNIT

$339,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,483 SF

ZONING

R4

APN/PARCEL ID

07442-0058

ASK ABOUT THIS PROPERTY

Arsen AtbashyanCommercial Acquisitions IncMore Info
917-939-3760

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Arsen AtbashyanCommercial Acquisitions IncMore Info
917-939-3760

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