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1 Condo available for Sale in Newyork brooklyn East new york Save your search

  • 5 Beds
  • 6 Baths
  • Sq Ft:4296
  • Residential

On Sale

Welcome to New Lots Avenue in East New York. We are proud to present this all brick 6 Family investment property consisting of 5 one bedroom apartments, and 1 studio apartment. The building is well maintained and also offers a full basement with plenty of storage space. There are currently 2 vacancies, and the other 4 apartments do not have leases. There can be an immediate increase in income as this building is no longer rent stabilized and can be delivered 50% vacant. Current rent roll is approximately $45K with roughly $12k in expenses. There is a plenty of upside potential in this building for the next owner. The building is ideally located on the B15 bus line, only 1 block to the 2, 3, and 4 train on Livonia Avenue, and close to shopping and restaurants located close by on Linden Blvd and Pennsylvania Avenue.

Real Estate Experts in newyork brooklyn

Bernard "BJ" Kilby
Brooklyn, NY Commercial and Residential Realtor
Jonathan Nicholls
NY, Realtor
4.900000095367432
Shareen Camper
Licensed Real Estate Salesperson
EMMA CHARLOTTE
Senior Vice President
Maura Neill
Licensed Real Estate Brokerage
4.900000095367432

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