448 26Th StBrooklyn, NY 11226

This exceptional 12-unit apartment building, located at 448 East 26th Street in Brooklyn, New York (zip code 11226), presents a compelling investment opportunity. The four-story building boasts a strong NOI of $185,446.52, translating to an attractive 8.00% cap rate. Offered at $2,318,000, this property provides significant potential for growth. The building comprises a mix of unit sizes: one 1-bedroom unit, three 3-bedroom units, and eight 2-bedroom units. All units are currently under preferential rents, offering a substantial upside for future income. Situated in a prime residential area of Kings County, this property benefits from a desirable location and strong rental demand. The building's solid performance and potential for increased revenue make it an ideal addition to any investor's portfolio. This is a rare opportunity to acquire a well-maintained multifamily property in a thriving Brooklyn neighborhood. The property's strong cash flow and prime location make it a highly desirable investment. Further details are available upon request.