2226 63Rd St Brooklyn, NY 11204

Property Details for 2226 63Rd St

Year built

1925

Property type

Commercial real estate

Description

Exceptional investment opportunity in Bensonhurst, Brooklyn. This fully occupied, four-unit apartment building presents a compelling opportunity for income generation. The property, located at 2226 63rd Street, is a solid brick structure built in 1925, featuring two stories on a 2,500 square foot lot. The building is zoned R4-1. Three of the four units have been recently upgraded, ensuring immediate rental income. The fourth unit offers a value-add opportunity for increased profitability. Current rents are strong, with one unit generating $1,375 per month, another at $1,320, and two additional units each bringing in $1,320 and $1,130 respectively. The asking price is $1,900,000, representing a price per unit of $475,000. This property's prime location in Bensonhurst, combined with its strong rental demand and current occupancy, makes it an ideal investment for those seeking a stable and lucrative cash flow. The building's solid construction and recent renovations further enhance its long-term value and potential for appreciation. Don't miss this chance to acquire a well-maintained, income-producing asset in a thriving Brooklyn neighborhood.