998 New York Ave, BROOKLYN, NY 11226
This exceptional mixed-use property, located at 998 New York Avenue in Brooklyn, NY 11226, presents a lucrative investment opportunity. Priced at $1,250,000, this semi-attached three-family building offers substantial rental income potential. Each of the three apartments boasts a generous layout, including three large bedrooms, ample closet space, a formal dining room, and a spacious living room. The building features a partially finished basement, adding extra storage or potential for expansion. Each unit enjoys the convenience of its own furnace and hot water heater, with tenants responsible for their individual electricity costs. The property's convenient location is a key advantage, situated near a variety of amenities including shopping centers, schools, and pharmacies. Commuters will appreciate the short walk to the #2 and #5 subway lines, providing easy access to Downtown Manhattan within 15 minutes. The neighborhood also offers an abundance of nearby delis and supermarkets. This property is an ideal investment for those seeking a strong return in a thriving Brooklyn community. The building's size is not currently specified. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.