956 Rogers AveBrooklyn, NY 11226

For Sale
$1,250,000

Prime Brooklyn investment, 3 units, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional three-story, three-unit apartment building at 956 Rogers Avenue in Brooklyn, New York, presents a compelling investment opportunity. The property boasts a total of 2,430 square feet on a 900 square foot lot, zoned R6 (2.43). The asking price is $1,250,000, translating to $514.40 per square foot and $416,667 per unit. The building features a two-bedroom apartment on the first floor with access to the backyard and basement, a two-bedroom floor-through apartment on the second floor, and a renovated, vacant two-bedroom floor-through apartment on the third floor. All units include full kitchens and bathrooms and are individually metered for gas and electric

Highlights

  • Prime investment opportunity in a free-market location with potential value-add through unit renovations and individual utility upgrades.
  • Flexible use potential: First floor can be converted to commercial space; second floor offers residential or commercial options; third floor can be subdivided into two studios.
  • Excellent user opportunity: First floor and basement can be combined for a duplex; upper floors provide rental income.
  • Desirable location with high foot traffic, nearby retail, supermarkets, restaurants, and convenient public transportation (B49 bus, 2 & 5 trains).
  • Legal Note: Second floor currently occupied by previous owner (ongoing legal dispute); first floor tenant vacating; third floor vacant.

Property Details for 956 Rogers Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
2,430 SF
Buildings
1
Stories
3
Units
3

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6469482
Longitude
-73.952306
956 Rogers Ave, Brooklyn, New York

FAQs

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956 Rogers Ave
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