$1,850,000
Brooklyn, NY 11229
MLS# 2506217
12 beds | 8 baths | 5250 sqft
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Property Description
Attention Investors! 5 Pro CAP Rate! Prime Four-Family Property on Kings Highway, Brooklyn! Don't miss this incredible investment opportunity in one of Brooklyn's most convenient and high-demand areas. This four-family brick building is perfectly located on Kings Highway, surrounded by shops, restaurants, and daily amenities. Four large 3-bedroom, 1.5-bathroom duplex apartments Each unit has its own mechanical room for independent utilities Upgraded kitchens with quality appliances In-unit washer and dryer in every apartment Beautiful hardwood floors and ample closet space Bright and spacious layouts with plenty of natural light New roof recently installed Well-maintained structure with great curb appeal Excellent light exposure throughout The owner's unit has been meticulously maintained, featuring high-end finishes, renovated hardwood floors, and exclusive roof access. Investment Opportunity: This property delivers strong in-place cash flow and stable tenants, making it ideal for investors or owner-occupants. The 5 Pro CAP rate, prime location, and solid condition make this a rare find in today's market. Conveniently located near the B & Q subway lines and multiple bus routes, providing quick access to Manhattan and all of NYC. Contact us today to schedule a private tour and secure this high-performing asset in Brooklyn!
Details
Maps
Address/Legal
Section: N/A
Country: United States
Contract/Location Information
List Price/SqFt: 352.38
CofO: Yes
List Type: Exclusive Right to Sell
REO: No
Owner Finance: No
General Property Info
Stories: 3
Taxes: 40242
Half Baths: 4
Tax Abated: No
Lot Size SqFt: 2500
Year Built Info: New
Lot Dim: 25X100
Irregular: No
No. of Heating Units: 4
Air Conditioner: Units
Condition: Good
Basement Type: Full
Public Remarks: Attention Investors! 5 Pro CAP Rate! Prime Four-Family Property on Kings Highway, Brooklyn!
Don't miss this incredible investment opportunity in one of Brooklyn's most convenient and high-demand areas. This four-family brick building is perfectly located on Kings Highway, surrounded by shops, restaurants, and daily amenities.
Four large 3-bedroom, 1.5-bathroom duplex apartments
Each unit has its own mechanical room for independent utilities
Upgraded kitchens with quality appliances
In-unit washer and dryer in every apartment
Beautiful hardwood floors and ample closet space
Bright and spacious layouts with plenty of natural light
New roof recently installed
Well-maintained structure with great curb appeal
Excellent light exposure throughout
The owner's unit has been meticulously maintained, featuring high-end finishes, renovated hardwood floors, and exclusive roof access.
Investment Opportunity:
This property delivers strong in-place cash flow and stable tenants, making it ideal for investors or owner-occupants. The 5 Pro CAP rate, prime location, and solid condition make this a rare find in today's market.
Conveniently located near the B & Q subway lines and multiple bus routes, providing quick access to Manhattan and all of NYC.
Contact us today to schedule a private tour and secure this high-performing asset in Brooklyn!
Pool Y/N: No
Bedrooms: 12
Full Baths: 4
Total Baths: 8
Year Built: 1985
Building SqFt: 5250
Number of Units: 4
Unit 1
Unit 1 - Basement Unit YN: Yes
Unit 1 - # Rooms: 6
Unit 1 - # Bedrooms: 3
Unit 1 - # Baths: 2
Rent/Month: 2800
Unit 1 Leased?: Yes
Unit 1 - Full Baths: 1
Unit 1 - Half Baths: 1
Sewer
City: 1
Income & Expenses
Gross Income: 150000
Gross Scheduled Income: 150000
Total Actual Rent: 72000
Net Income: 110000
Net Operating Expense: 40000
Cap Rate: 5.95
New Taxes Expense: 40000
Unit 2
Unit 2 - # Baths: 2
Unit 2 - Basement Unit YN: Yes
Unit 2 - # Rooms: 6
Unit 2 - # Bedrooms: 3
Unit 2 - Rent/Month: 3000
Unit 2 Leased?: No
Unit 2 - Full Baths: 1
Unit 2 - Half Baths: 1
Unit 3
Unit 3 - # Rooms: 6
Unit 3 - # Bedrooms: 3
Rent/Month: 3200
Unit 3 - # Baths: 2
Unit 3 Leased?: Yes
Unit 3 - Full Baths: 1
Unit 3 - Half Baths: 1
Electric
110: 1
Unit 4
Unit 4 - # Rooms: 6
Unit 4 - # Bedrooms: 3
Rent/Month: 3500
Unit 4 - # Baths: 2
Unit 4 Leased?: No
Unit 4 - Full Baths: 1
Unit 4 - Half Baths: 1
Heat Source
Gas: 1
Heat System
Hot Water: 1
Kitchen
Eat In: 1
Pantry: 1
Living Room
Combination: 1
Formal: 1
Electric Meters
Individual: 1
Main Bath
Bidet: 1
Full Bath: 1
Half Bath: 1
Gas Meters
Individual: 1
Parking
On Street: 1
Garage Location
None: 1
Siding
Brick: 1
Yard
Back: 1
Extras
Cable: 1
Intercom: 1
Laundry: 1
AddressLegal
Street No.: 1727
Dir.: E
Street Name: East 14th
Street Suffix: Street
County: Kings
State: NY
Zip Code: 11229
Area Name: Homecrest
Parcel ID: 06797-0082
ContractLocation Information
Status: Active
Marketing/Listing Date: 2025-10-20
List Price: $1,850,000
Current Price: $1,850,000
Sub-Type: 4F
Zoning: R5
Block: 06797
Lot: 0082
Property Features
Kitchen: Eat In; Pantry
Electric Meters: Individual
Living Room: Combination; Formal
Gas Meters: Individual
Main Bath: Bidet; Full Bath; Half Bath
Electric: 110
Parking: On Street
Garage Location: None
Yard: Back
Siding: Brick
Extras: Cable; Intercom; Laundry
Heat Source: Gas
Heat System: Hot Water
Listing Courtesy of EXP Realty
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.