Brownsville Real Estate

Brownsville Real Estate

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Newest Listings in Brownsville

$1,950,000
7 Beds 5 Baths 11929686 MLS
Welcome to **2041 Strauss Street, East New York, Brooklyn** - a **brand-new 2025 construction, fully vacant 4-family property** offering an outstanding opportunity for investors, 1031 exchange buyers, or an owner-occupant looking to generate substantial rental income. Featuring approximately **4,200 square feet**, this newly constructed multifamily residence offers **7 bedrooms, 5 full bathrooms, four separate units, private outdoor space, and projected gross rental income of approximately $12,304 per month / $147,648 annually.** **NO EXISTING TENANTS. NO OLD LEASES. NO MAJOR RENOVATIONS NEEDED.** Take ownership and begin leasing immediately at market rents. Each residence has been designed with today's tenants in mind, featuring **modern kitchens with stainless-steel appliances, contemporary cabinetry and finishes, sleek tiled bathrooms with glass-enclosed showers, in-unit laundry, split-unit heating and cooling, and a video intercom system.** The property also features **separate electric and hot-water utilities** and **Andersen hurricane-impact windows**, helping create an efficient, low-maintenance investment. ### PROJECTED RENT ROLL **1st Floor - 2BR / 1BA:** $3,027/month Private backyard access **2nd Floor - 2BR / 1BA:** $3,027/month **3rd Floor - 1BR / 1BA:** $2,650/month **Top-Floor Duplex - 2BR / 2BA:** $3,600/month Private rooftop access with open views **TOTAL PROJECTED RENT: $12,304/MONTH** **PROJECTED GROSS ANNUAL INCOME: $147,648** This is the type of property investors are looking for: **NEW CONSTRUCTION + FOUR UNITS + FULLY VACANT + STRONG RENTAL POTENTIAL + SEPARATE UTILITIES + PRIVATE OUTDOOR SPACE.** Conveniently located near the **L, A, C and 3 subway lines**, Gateway Center Mall, Shirley Chisholm State Park, schools, shopping and major roadways. ### SELLER IS MOTIVATED! **Serious offers will be considered.** Whether you're looking to expand your Brooklyn portfolio, complete a **1031 exchange**, live in one unit while renting the others, or acquire a turnkey income-producing property, **2041 Strauss Street deserves immediate attention.** **BRING YOUR BUYERS AND BRING YOUR OFFERS - OPPORTUNITIES LIKE THIS DON'T LAST!** **SELLER IS MOTIVATED - BRING ALL SERIOUS OFFERS!**

2041 Strauss Street, Brooklyn

$1,250,000
10 Beds 4 Baths 11908939 MLS
Value-Add 4-Unit Multifamily Investment | Over 10.6% Pro Forma Cap Rate Don't miss this outstanding opportunity to acquire a 4-unit multifamily building in the rapidly evolving Brownsville neighborhood of Brooklyn. This income-producing asset offers immediate cash flow with substantial upside through leasing and rental growth. The property features: Three 2-bedroom, 1-bath apartments One 3-bedroom, 1-bath apartment Finished basement generating additional income The building is currently producing approximately $137,556 in annual gross income, with the potential to increase to over $160,000 annually based on projected rents. Investment Highlights Projected 10.65% Cap Rate Projected NOI: $133,124 Purchase Price: $1,250,000 R6 Zoning 25' x 100' Lot Approximately 3,075 SF Building Built in 1930 Stable tenant base with government-assisted rental programs Excellent value-add opportunity through lease-up and rent optimization Ideally situated on Osborn Street, the property is conveniently located near public transportation, schools, shopping, parks, and neighborhood amenities, providing strong long-term rental demand. Whether you're an experienced investor or expanding your multifamily portfolio, 643 Osborn Street presents an exceptional opportunity to acquire a solid Brooklyn asset with immediate income and significant upside potential. Contact us today for the complete financial package, rent roll, and to schedule a private tour.

643 Osborn Street, Brooklyn

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