2072 11Th St Brooklyn, NY 11223

This exceptional three-story, two-unit apartment building presents a compelling value-add investment opportunity in the desirable Gravesend neighborhood of Brooklyn, New York. Situated on a generous 4,000 square foot lot, this property boasts 3,000 square feet of living space, including a finished basement and attic. The building features a private driveway and a two-car garage, adding significant convenience and appeal. Currently operating at 67% occupancy, this property offers immediate income potential with significant upside for increased revenue. The building is zoned R4-1, allowing for various potential uses. The 40-foot frontage on West 11th Street provides excellent street visibility. The ground floor unit will be delivered vacant, making it ideal for an owner-user or investor seeking to maximize rental income. This property represents a rare chance to acquire a well-maintained multifamily building in a prime Gravesend location, offering a blend of immediate income and long-term growth potential. The asking price is $1,750,000, translating to $583.33 per square foot. This is a truly unique opportunity not to be missed.