2791 Linden BlvdBrooklyn, NY 11208

For Sale
Call for price

Prime Brooklyn multifamily building with upside potential.

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional investment opportunity presents a two-story, Class C multifamily apartment building located at 2791 Linden Blvd, Brooklyn, NY 11208, in Kings County. Situated on a substantial 40,500 square foot lot and zoned R6, this property offers significant potential for future development. The building comprises 48 residential units, a mix of studios (20), one-bedroom (24), and two-bedroom (4) apartments. The rental mix includes 36 rent-stabilized units, 4 Section 8 units, 4 Community Life units, and 4 BATE units. All but two apartments have undergone renovations within the past seven years, featuring updated amenities such as A/C window units and central hot water baseboard heating (landlord-paid). Tenants are responsible for metered electricity. The building boasts a new roof and most windows have been recently replaced. Verizon service is available within the building, and the property is pet-friendly (small dogs and cats only). Income-generating features include 8 parking spots rented at $150 per month and a large adjacent parking area with 17+ spots currently leased month-to-month at $2,300 per month. A significant vacant commercial space of 12,585 square feet is also available, valued at $35 per square foot, representing an additional potential annual income of $440,475. This property presents a compelling investment opportunity with substantial existing income and significant upside potential.

Highlights

  • Recently renovated (except 2 units) with modern updates.
  • Window A/C units in each apartment.
  • Heat is provided; hot water baseboard and central systems; landlord-paid.
  • Electric is metered and tenant-paid.
  • New roof and most windows.
  • Verizon Fios service available.

Property Details for 2791 Linden Blvd

Property type
Multifamily properties, Apartment buildings
Class
C
Stories
2

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6701071
Longitude
-73.8616082
2791 Linden Blvd, Brooklyn, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2791 Linden Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message