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    28 Lefferts Ave Brooklyn, NY 11225

    For Sale
    $2,250,000

    Turn-key, renovated 4-unit property near transportation and green spaces.

    Lot size:
    0.06 Acres

    Property Features for 28 Lefferts Ave

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1925

    Source: Corcoran Group Agent Corcoran Group

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

    Overview

    Income-Producing Property in Prospect-Lefferts

    The property at 28 Lefferts Avenue is a 4-unit income-producing property located in Prospect-Lefferts. This turn-key property presents an opportunity for investors, especially those seeking a 1031 exchange, and for end users looking for added income. The property has undergone comprehensive renovations from top to bottom, including the roof and mechanical systems. Two of the three spacious 2-bedroom apartments, as well as one oversized 1-bedroom apartment, have been completely updated and are move-in ready, allowing for immediate rental income. The property includes a side yard that serves as a shared driveway. Additionally, there is a backyard that could be incorporated into the back apartment, offering potential for increased rental income. Situated one block from the express Q & B trains, residents enjoy access to Manhattan. The home is also one block away from the Botanic Garden and Prospect Park. Lefferts-Gardens is known for its grand, leafy blocks and lively atmosphere. Residents can enjoy restaurants and nightlife along Flatbush Avenue, with destinations such as Peppa's, Kulushkat, The Green Room, Camillo, Bonafini, Ix, and Midwood Flats.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -73.960068
    Latitude
    40.661486

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    FAQs

    What type of property is this?
    Quadplex - Turn-key, renovated 4-unit property near transportation and green spaces.
    Where is this quadplex located?
    The property is located at 28 Lefferts Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Income-producing 4-unit property, ideal for investors or owner-occupiers seeking rental income.; - Fully renovated, including roof and mechanical systems, with move-in ready apartments for immediate rental income.; - Prime location: one block from express Q & B trains (4 stops to Manhattan) and close to Botanic Garden and Prospect Park.
    Request Owner's contact information
    28 Lefferts Ave Brooklyn, NY 11225
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    Brooklyn, NY 11225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Lefferts Ave Brooklyn, NY 11225
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