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2227 83Rd St Brooklyn, NY 11214

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For Sale
$4,900,000

Rent-stabilized, high-income 19-unit building in excellent condition.

Lot size:
0.14 Acres

Property Features for 2227 83Rd St

General Information

Lot size
0.14 Acres

Building Details

Year built
1931

Source: Stroffolino Realty LLC Agent Ralph Stroffolino, Jr. .

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


Overview

Bensonhurst 19-Unit Multifamily Building

Located in Bensonhurst near Bay Parkway, this 19-family building presents an investment opportunity. The property is not subject to rent control, with all units rent-stabilized. The building is in excellent condition throughout and features a video intercom system and security cameras. The four-story walk-up building has a boiler that runs on straight gas. The property, measuring 60 x 100, comprises five two-bedroom units and fourteen one-bedroom units. It is situated near schools, shopping on 86th Street, the D train, and B6 buses. The property may be suitable for a 1031 exchange.
Insight Report Location Intelligence

Current Use by Public Records

1031 exchange properties

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
-73.991238
Latitude
40.603238

FAQs

What type of property is this?
Apartment building - Rent-stabilized, high-income 19-unit building in excellent condition.
Where is this apartment building located?
The property is located at 2227 83Rd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: - High income producing 19-family building.; - No rent control; all units rent stabilized.; - Seller financing available with 50% down at 5%, 10-year balloon.
More about this property
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