Perfect—here’s a clean, investor-focused description for that City line property: Turn-Key 25-Unit Investment Property in City Line, Brooklyn An outstanding opportunity in the heart of Brooklyn—this well-maintained 25-unit brick building features 15 2 -bedroom and 10 1 Bedroom apartments, as well as 2 retail spaces ideal for steady rental demand. Tenants pay their utilities ( electric and cooking gas ) The building includes: A full basement with Additional storage rooms No elevator = lower maintenance Low operating expenses With a projected NOI of $816,000 creating a Net Cap Rate of 10.2%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of Brooklyn’s steadily growing neighborhoods.
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Listing Snapshot
Price
$6,500,000
Days On Site
51 Days
Bedrooms
N/A
Inside Area (SqFt)
18,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1148 Acres
Year Built
1927
MLS® Number
904891
Status
Active
Property Tax
$89,156
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 months ago
Listing first seen on site
2 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.1148
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
18000
Utilities
Natural Gas AvailableElectricity AvailableElectricity ConnectedNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected
Water Source
Public
Interior Features
Basement
Full
Cooling
Multi Units
Heating
Oil
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Exterior Features
Construction Details
Brick
Listing courtesy of EXIT Realty Central arthur@exitrealtycentral.com
Based on information submitted to the MLS GRID as of 2025-10-15 10:49 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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