2 Doscher StBrooklyn, NY 11208

For Sale
$5,200,000

18-Unit Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional three-story walk-up apartment building, located at 2 Doscher Street in the East New York section of Brooklyn, NY (zip code 11208), presents a compelling investment opportunity. Built in 1930 and renovated in 1993, the property boasts a total of 18 residential units, spread across 12,879 square feet. Twelve of these units have undergone significant renovations, ensuring a blend of updated and classic living spaces. The building sits on a 5,617 square foot lot and is zoned R6A. With a strong net operating income (NOI) of $329,680 and an asking price of $5,200,000, this property offers a solid return on investment. The property's location in the vibrant East New York neighborhood provides easy access to various amenities and transportation options. This is a rare chance to acquire a well-maintained multifamily property with significant upside potential in a rapidly growing area of Brooklyn. Further details and media are available upon request.

Highlights

  • $5,200,000 asking price.
  • Multifamily apartment building with 18 units.
  • 12,879 square feet.
  • $329,680 Net Operating Income (NOI).
  • Built in 1930, renovated in 1993.
  • Three-story walk-up building.

Property Details for 2 Doscher St

Property type
Multifamily properties, Apartment buildings
Square Feet
12,879 SF
Year Built/Renovated
1930/1993
Stories
3
Units
18

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6775357
Longitude
-73.873425
2 Doscher St, Brooklyn, New York

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2 Doscher St
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