East Flatbush Six-Family Investment
For Sale
$1,025,000
197 E 52nd St, Brooklyn, NY 11203
East Flatbush six-family property in excellent condition, great investment opportunity.
Property Size5,796 SF
Lot Size0.07 Acres
Days on Market157
Property Features for 197 E 52nd St
General Information
Standard status
Active
Size
5,796 SF
Lot size
0.07 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$18,200
Building Details
Building Size
5,796 SF
Year Built
1931
Stories
3
Listing Agency:
Master Plan Real Estate Corp.
(718) 252-6700
Listed By:
Turgot Solages
(718) 252-6700
Source:
Elliman
Added: Mar 10
Changed: Aug 9
Last Checked: Aug 12 at 9:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Master Plan Real Estate Corp.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Potential yearly income over $113,856.
- Two apartments delivered vacant at closing.
- Potential rental income of $3,250 from vacant apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,857
Businesses Nearby
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - East Flatbush six-family property in excellent condition, great investment opportunity.
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 $1,025,000.
What are key features of this property?
This property features: Potential yearly income over $113,856.; Two apartments delivered vacant at closing.; Potential rental income of $3,250 from vacant apartments.
