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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1523 65Th St, Brooklyn, NY 11219

    Built 1931
    Individually Owned 7-yr Hold
    Property ID
    US63-3422188
    Property summary
    AI-generated overview

    This exceptional multifamily property, located at 1523 65th Street in Brooklyn, New York, presents a compelling investment opportunity. The building, constructed in 1931, is a two-story brick structure situated on a 2,750 square foot lot (25x100). The property features four residential units: two spacious two-bedroom apartments, one large three-bedroom apartment, and a comfortable one-bedroom apartment. All units are situated above a fully finished basement, adding significant potential rental income or living space. The building itself measures 21x76 feet. This property is zoned R5, offering flexibility for future development or renovations, subject to applicable zoning regulations. The asking price is $2,349,000, representing a price per unit of $587,250. This offering is particularly attractive to investors seeking a 1031 exchange opportunity. The prime Bensonhurst location ensures strong rental demand and potential for appreciation. This property is an ideal investment for both seasoned investors and those seeking a strong return on investment in a desirable Brooklyn neighborhood. The building's solid construction and established rental history make it a low-risk, high-reward opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1931
    UPID US63-3422188
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Debbie Taddeo · 7 yrs held
    Debbie Taddeo
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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