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MLS® ID: OLRS-0069657

1166 East New York Avenue

Brooklyn, New York, 11212

$988,000 Active
  • - SQFT
Numerous reasons make this multi-family property on the East Flatbush-Brownsville border, a great investment: Legal, four-family house for under $1 million, one block from the subway and Lincoln Terrace’s courts, fields and playgrounds? Keep going… Three 2-bedroom apartments and one 1-bedroom unit plus a full length, finished basement with two of its own separate entrances. Even better!! Shared driveway and large backyard… nice touch!

The asking price reflects the improvements needed to bring each unit to market rentability. Meanwhile, the property comes fully tenanted-- the current rent roll will cover your new mortgage! 1166 East New York Avenue makes sense now, and comes with huge potential and upside in the near future. Inventory and opportunities to own a four-family property are low… here’s your chance to do what others will wish in five years time, that they had done now!
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Listing courtesy of Keller Williams Realty Empire

Amenities

  • Zip
    11212
  • Office name
    Keller Williams Realty Empire
  • Bedrooms
    0
  • Property type
    Multi-family
  • Year built
    1930
  • Agent name
    Natalie Richards
  • Tax amount
    $ 620.92
  • Purchase Type
    Active
  • HOA fees
    $ 620.92
  • Full baths
    0
  • Rent
    No
  • Furnished
    Unfurnished

Location

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