397 Marlborough Rd Brooklyn, NY 11226
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 397 Marlborough Rd
- Property type
- Residential income homes
Description
This exceptional Class A multifamily property, located at 397 Marlborough Rd, Brooklyn, NY 11226, presents a unique investment opportunity. The newly renovated, detached two-family house boasts a generous 32 ft lot frontage and a 75 ft lot depth, offering ample space and privacy. The property features a total of ten full-size bedrooms, four modern bathrooms, and a fully finished basement, providing significant rental income potential. A brand new kitchen adds to the appeal, while eleven split units ensure year-round comfort. The property is fully furnished and includes a private driveway and a charming backyard nook with outdoor furniture. Occupancy is available August 1st, 2023. Situated in School District 22, this property is ideal for owner-occupancy, allowing you to live in one unit while generating income from the other, or for a purely investment-focused approach. The asking price is $1,599,995, representing a price per unit of $799,997.50. This turnkey investment offers immediate rental income and significant long-term appreciation potential in a desirable Brooklyn location. Don't miss this chance to acquire a high-quality, income-producing asset in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9640169
- Latitude
- 40.6404314