1820 5Th St, Brooklyn, NY 11223
This charming 2-family apartment building, located at 1820 W 5th St in Brooklyn, NY, presents a fantastic investment opportunity. Built in 1920, this meticulously maintained property boasts a total of 2,292 square feet spread across two stories on a 0.06-acre lot. The building features two units, offering a combined total of at least six bedrooms (three bedrooms per unit, with the possibility of more). A full walk-out basement adds significant additional space. The property also includes a shared driveway leading to a paved backyard, ideal for outdoor entertaining. Situated in the desirable Gravesend neighborhood, this property enjoys convenient access to public transportation, including the N and F trains, as well as major roadways like Avenue U and the Belt Parkway. Its proximity to numerous restaurants and venues adds to its appeal. The asking price is $1,598,000. This property offers a unique blend of residential living and income-generating potential, making it an exceptional investment for discerning buyers. The building dimensions are 20' x 60'. The zip code is 11223, and the property is located in Kings County.
Cap rate
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Property description
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