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197 E 52Nd St Brooklyn, NY 11203

For Sale
$1,049,000

Six-family building in excellent condition with income potential.

Lot size:
0.07 Acres

Property Features for 197 E 52Nd St

General Information

Lot size
0.07 Acres

Building Details

Year built
1931

Source: Master Plan Real Estate Corp. Agent Turgot Solages

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

East Flatbush Multifamily Investment Opportunity

This is a six-family, semi-detached brick building located in East Flatbush. The property is described as being in excellent condition and presents a great investment opportunity. Two apartments will be delivered vacant at closing. The actual rent roll is $6,238, and the two vacant apartments can be rented for $3,250. The property has the potential to produce a yearly income of over $113,856.
Insight Report Location Intelligence

Current Use by Public Records

Hepburn Travel Travel Agency

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.928611
Latitude
40.656261

FAQs

What type of property is this?
Apartment building - Six-family building in excellent condition with income potential.
Where is this apartment building located?
The property is located at 197 E 52Nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: - Potential yearly income over $113,856.; - Two vacant apartments at closing offer immediate income potential.; - Additional $3,250 potential rental income from vacant apartments.
More about this property
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