61 Cambridge PlBrooklyn, NY 11238

This exceptional three-story apartment building at 61 Cambridge Place in Brooklyn's desirable Clinton Hill neighborhood presents a compelling investment opportunity. Built in 1930, the property boasts 3,675 square feet situated on a 1,750 square foot lot. The building is zoned R6B and comprises five units, each currently valued at $600,000, contributing to a total asking price of $3,000,000. The property's Net Operating Income (NOI) stands at $48,000, resulting in a 1.60% capitalization rate. This represents a strong potential for future appreciation and cash flow. The building's solid construction and prime location in a thriving Brooklyn neighborhood make it an attractive investment for both seasoned and emerging real estate investors. The property's history and current condition offer a blend of classic charm and modern potential, making it a rare find in the competitive Brooklyn market. Detailed financial statements are available upon request. This is a chance to acquire a well-maintained multifamily property in a highly sought-after area with significant upside potential. Serious inquiries only.