321-341 Starr St Brooklyn, NY 11237

This exceptional 2-story apartment building, constructed in 2017, presents a lucrative investment opportunity in the desirable Brooklyn, NY market. Located at 321-341 Starr St, in the 11237 zip code, this property boasts 11 units, offering a price per unit of $1,995,454.55 and a compelling price per square foot of $843. The building sits on a substantial 23,250 square foot lot and is zoned M1-1. Currently 100% occupied, this asset benefits from a long-term ICAP tax abatement, significantly enhancing its financial performance. The property's strong financial profile is underscored by a Net Operating Income (NOI) of $1,345,535 and an attractive 6.13% capitalization rate. The asking price for this turnkey investment is $21,950,000. This represents a rare chance to acquire a high-performing, recently constructed multifamily property in a thriving Brooklyn neighborhood. The building's modern construction and strong occupancy rate promise consistent cash flow and significant appreciation potential. Detailed financial statements are available upon request. This property is a must-see for discerning investors seeking a stable and profitable addition to their portfolio.