For Sale
$690,000

258 Himrod StBrooklyn, NY 11237

Six-unit building, high cash flow, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional investment opportunity presents a well-maintained, six-unit multifamily building located at 258 Himrod Street in Brooklyn, New York, within the desirable Bushwick neighborhood. The property boasts a total of 4,350 square feet spread across three stories, offering a compelling blend of income generation and potential for future appreciation. Currently operating as a fully leased, cash-flowing asset, this building provides immediate returns for investors. The property benefits from a 100% tax-class 2A protection, ensuring long-term stability and predictability in operating costs. The units are strategically positioned to maximize rental income, with minimal deferred maintenance, contributing to a streamlined management process. The building's location offers convenient access to local amenities and transportation, enhancing its appeal to tenants. This property presents a rare chance to acquire a stable, high-performing asset in a rapidly growing Brooklyn neighborhood, offering both immediate cash flow and significant long-term upside potential. The proximity of similar properties allows for efficient management operations, further enhancing the investment's attractiveness. This is an ideal opportunity for investors seeking a secure and profitable addition to their portfolio. The asking price for this exceptional property is $690,000.

Highlights

  • 100% Tax Class 2A protection.
  • Fully leased, generating immediate cash flow.
  • Potential for short-term rent increases in free-market units.
  • Minimal deferred maintenance.
  • Efficient management due to nearby comparable properties.

Property Details for 258 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
40.7003277
Longitude
-73.919371
258 Himrod St, Brooklyn, New York

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258 Himrod St
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