1782 19Th StBrooklyn, NY 11229

This exceptional investment opportunity presents a well-maintained, two-unit apartment building in the desirable Madison neighborhood of Brooklyn, New York. The property, located at 1782 E 19th St, zip code 11229, is a four-story brick building constructed in 1950, offering 3,491 square feet on a 1,900 square foot lot. Currently operating at 100% occupancy, this Class B multifamily property boasts a strong net operating income (NOI) of $44,605, translating to a 2.74% capitalization rate. The asking price is $1,630,000, or $815,000 per unit. Recent improvements include a new roof and driveway, enhancing the property's value and minimizing future maintenance costs. The building is zoned R5B and includes a one-car garage. Its convenient location near bus lines B2 and B31, and the Kings Highway Brooklyn Subway Station provides easy access to public transportation, while nearby restaurants and shops offer added convenience. This owner-user investment presents a compelling opportunity for both income generation and potential appreciation in a thriving Brooklyn neighborhood. The property's strong financials, recent upgrades, and prime location make it an attractive addition to any investment portfolio.