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9 Somers St Stuyvesant Heights, NY 11233

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US63-5252194

Property summary

AI-generated overview

This exceptional three-unit multifamily property, located at 9 Somers Street in the desirable Stuyvesant Heights neighborhood of Kings County, New York, presents a lucrative investment opportunity. The asking price is $1,850,000. The property encompasses a 1,480 square foot lot and features three apartments: one three-bedroom unit and two one-bedroom units. The building is in excellent condition, reflecting meticulous maintenance and care. Its prime location within Stuyvesant Heights offers easy access to a variety of amenities, including local shops, restaurants, and transportation options. The strong rental market in this area ensures consistent cash flow and potential for future appreciation. This triplex is an ideal investment for both seasoned investors and those seeking to enter the multifamily market. The property's solid construction, desirable location, and current occupancy make it a compelling investment prospect with significant potential for long-term growth and profitability. The three units provide a diverse rental income stream, minimizing risk and maximizing return. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly sought-after Brooklyn neighborhood. The property is zoned for commercial use, offering additional flexibility and potential for future development. This turnkey investment is ready for immediate income generation.

Property profile

Verified
Property type Land
UPID US63-5252194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Alternative Medicine Practice
  • Church Mosque

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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