2791 Linden Blvd Brooklyn, NY 11208

Property Details for 2791 Linden Blvd

Year built

1964

Lot size

0.93 lot acres

Property size

45,324 SF

Zone code

R6

Property type

Apartment buildings

APN

04469-0017

APU

44690017

Description

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.

Location Insight

City

Brooklyn

County

Kings

State

New York

Longitude

-73.8616

Latitude

40.6701

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments