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.
Property Features
Utilities
Natural Gas Available
Electricity Available
Electricity Connected
Natural Gas Connected
Sewer Available
Sewer Connected
Water Available
Water Connected
Cooling Information
Multi Units
Heating Information
Oil
Water Features
Public
Basement
Full
Listing Courtesy: EXIT Realty Central - 718-848-5900