LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase, wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,996 (updated 12/24). N.O I. = $114,479. CAP RATE = 6.2%. FULL REPORT & INTERIOR VIDEO AVAILABLE.

Listing courtesy of Keller Williams Realty NYC Grp teamtsougranis@gmail.com


Based on information submitted to the MLS GRID as of 2025-06-08 06:08 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.