For Sale
$1,770,000

241 Himrod StBrooklyn, NY 11237

Six-unit apartment building, excellent cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional investment opportunity presents a well-maintained, six-unit multifamily building located at 241 Himrod Street in the vibrant Bushwick neighborhood of Brooklyn, New York, and bordering Ridgewood, Queens. The property boasts a total of 4,350 square feet spread across three stories, offering a compelling mix of rental income and potential for future appreciation. Currently operating as a fully leased, cash-flowing asset, this building provides immediate returns for investors. Classified as a Tax Class 2A property, this designation offers significant tax advantages and protection. The building's strong occupancy rate and minimal deferred maintenance contribute to its attractive financial profile. The convenient location allows for efficient management operations, further enhancing its appeal. The property's proximity to both Bushwick and Ridgewood provides access to a diverse range of amenities and transportation options. This is a rare opportunity to acquire a stable, income-producing asset in a rapidly appreciating market, offering both immediate returns and significant long-term potential. The asking price is $1,770,000. This property is a must-see for discerning investors seeking a secure and profitable investment in a prime Brooklyn location.

Highlights

  • 100% Tax-Assessed as Class 2A.
  • Fully leased with strong cash flow.
  • Free Market units offer short-term rental upside potential.
  • Excellent condition with minimal deferred maintenance.
  • Conveniently located properties for efficient management.

Property Details for 241 Himrod St

Property type
Mixed-use properties, Apartment buildings
Square Feet
4,350 SF
Stories
3
Units
6

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.7006334
Longitude
-73.919608
241 Himrod St, Brooklyn, New York

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241 Himrod St
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