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    2791 Linden Blvd Brooklyn, NY 11208

    Sponsored
    For Sale
    Contact for pricing

    Prime Brooklyn multifamily building with upside potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a two-story, Class C multifamily apartment building located at 2791 Linden Blvd, Brooklyn, NY 11208, in Kings County. Situated on a substantial 40,500 square foot lot and zoned R6, this property offers significant potential for future development. The building comprises 48 residential units, a mix of studios (20), one-bedroom (24), and two-bedroom (4) apartments. The rental mix includes 36 rent-stabilized units, 4 Section 8 units, 4 Community Life units, and 4 BATE units. All but two apartments have undergone renovations within the past seven years, featuring updated amenities such as A/C window units and central hot water baseboard heating (landlord-paid). Tenants are responsible for metered electricity. The building boasts a new roof and most windows have been recently replaced. Verizon service is available within the building, and the property is pet-friendly (small dogs and cats only). Income-generating features include 8 parking spots rented at $150 per month and a large adjacent parking area with 17+ spots currently leased month-to-month at $2,300 per month. A significant vacant commercial space of 12,585 square feet is also available, valued at $35 per square foot, representing an additional potential annual income of $440,475. This property presents a compelling investment opportunity with substantial existing income and significant upside potential.

    Property Features for 2791 Linden Blvd

    General Information

    Property type
    Multifamily properties
    Class
    C

    Building Details

    Stories
    2

    HighLights

    • Recently renovated (except 2 units) with modern updates.
    • Window A/C units in each apartment.
    • Heat is provided; hot water baseboard and central systems; landlord‑paid.
    • Electric is metered and tenant‑paid.
    • New roof and most windows.
    • Verizon Fios service available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -73.8616082
    Latitude
    40.6701071

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    FAQs

    What type of property is this?
    Multifamily property - Prime Brooklyn multifamily building with upside potential.
    Where is this multifamily property located?
    The property is located at 2791 Linden Blvd Brooklyn, NY.
    What are key features of this property?
    This property features: Recently renovated (except 2 units) with modern updates.; Window A/C units in each apartment.; Heat is provided; hot water baseboard and central systems; landlord-paid.
    Request Owner's contact information
    2791 Linden Blvd Brooklyn, NY 11208
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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
    2791 Linden Blvd Brooklyn, NY 11208
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