For Sale
$1,590,000

741 Pennsylvania AveBrooklyn, NY 11207

Six-unit rental portfolio; strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
98
This exceptional six-unit multifamily property located at 741 Pennsylvania Avenue in Brooklyn, Kings County, New York, 11207 presents a compelling investment opportunity. Priced at $1,590,000, this well-maintained building offers a substantial return on investment. The property boasts a total of twelve spacious bedrooms spread across its six units, ensuring comfortable living for tenants. Its prime location provides easy access to local amenities and public transportation, making it highly attractive to renters. The property's strong financial performance is evident in its impressive annual gross income of $156,000 and a net operating income of $130,000. This translates to a solid cash flow, making it an ideal addition to any investor's portfolio. The property's geographic coordinates are 40.6594771 latitude and -73.8911162 longitude. This turnkey investment is ready for immediate ownership and offers a stable and profitable income stream. This is a rare opportunity to acquire a well-performing multifamily property in a desirable Brooklyn neighborhood.

Highlights

  • $1,590,000 asking price.
  • Six-unit multifamily property in Brooklyn, NY.
  • Located at 741 Pennsylvania Ave, Brooklyn, NY 11207.
  • Twelve total bedrooms.
  • $156,000 gross annual income and $130,000 net annual income.

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6594771
Longitude
-73.8911162
741 Pennsylvania Ave, Brooklyn, New York

FAQs

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741 Pennsylvania Ave
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