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no property photo
$3,999,000
7 Beds ⋅ 12 Baths ⋅ 12002724 MLS
FREE-MARKET 12-UNIT MIXED-USE INVESTMENT PROPERTY 9% IN-PLACE CAP RATERare opportunity to acquire a fully renovated, 12-unit mixed-use corner investment property in Brooklyn, offering a strong in-place return.Prominently situated at the corner of Newport Street and East 98th Street, the property was recently converted from four residential apartments and retail space into a newly configured asset consisting of seven free-market studio apartments and five ground-floor commercial units.The residential component features seven fully renovated studio apartments, all of which are free market and not subject to rent stabilization. Six of the seven residential units are currently leased, providing immediate income with additional upside through the lease-up of the remaining unit.The commercial component consists of five fully renovated ground-floor retail spaces, all of which are currently leased, providing stabilized commercial income from day one.The property underwent a comprehensive gut renovation, creating a modern, income-producing asset with limited near-term capital improvement requirements and flexibility for future rental growth.Situated on an approximately 8,314-square-foot corner lot, the property benefits from approximately 49 feet of frontage along Newport Street and approximately 130 feet of wraparound frontage, providing excellent exposure, visibility, and street presence.The property is zoned R6/C1-3, with a 2.02 FAR, and benefits from Tax Class 2B status. Conveniently located approximately two blocks from the 3 train at Saratoga Avenue, with additional access to the L train at New Lots Avenue.Investment Highlights- 12-unit mixed-use corner investment property- Attractive 9% in-place cap rate- 7 free-market studio apartments- 5 ground-floor commercial units- 6 of 7 residential units currently leased- Commercial component 100% leased- Fully renovated residential and retail spaces- Residential units not subject to rent stabilization- Approximately 8,314 SF corner lot- Approximately 49 feet of Newport Street frontage- Approximately 130 feet of wraparound frontage- R6/C1-3 zoning- 2.02 FAR- Tax Class 2B- Strong in-place income with additional lease-up opportunity- Excellent corner visibility- Convenient access to the 3 and L subway lines

9 Newport Street Unit #MixedUse, Brooklyn
no property photo
$3,600
1 Baths ⋅ 11997483 MLS
3 bedroom newly painted apartment located on quiet block close to transportation. Open concept spacious living room Eat in kitchen Heat and hot water included in the rent

565 Christopher Avenue, #1B Unit #1B, Brooklyn
2041 Strauss Street, Brooklyn
$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
105 Rockaway Parkway, Brooklyn
$1,300,000
10 Beds ⋅ 4 Baths ⋅ 11908757 MLS
105 Rockaway Parkway, Brooklyn, NY 11212 Exceptional 4-Unit Multifamily Investment | Over 12% Pro Forma Cap Rate Outstanding opportunity to acquire a well-maintained 4-unit multifamily building in the heart of Brownsville, Brooklyn. This income-producing asset offers immediate cash flow with significant upside through lease-up of the vacant units and rental increases. The property consists of: Two 2-bedroom, 1-bath apartments Two 3-bedroom, 1-bath apartments Finished basement Detached garage providing additional rental income Currently generating approximately $171,936 in annual gross income, with a projected gross income of over $190,000 annually once the vacant units are leased. Investment Highlights Projected 12.32% Cap Rate Projected NOI: $160,178 Purchase Price: $1,300,000 R6 Zoning 25' x 95' Lot Approximately 3,198 SF Building Built in 1930 Separate garage income Strong rental upside Excellent value-add opportunity Located on Rockaway Parkway, the property offers convenient access to public transportation, shopping, schools, parks, and neighborhood amenities, making it attractive to long-term tenants. Whether you're looking to expand your multifamily portfolio or complete a high-yield 1031 exchange, this property offers an excellent combination of current income, upside potential, and long-term appreciation. Contact us today for the full rent roll, expense sheet, and financial package.

105 Rockaway Parkway, Brooklyn
643 Osborn 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
no property photo
$599,990
11635230 MLS

195 chester st, Brooklyn
114 East 98th Street , #2E Unit #2E, New York
$289,000
1 Beds ⋅ 1 Baths ⋅ 11577638 MLS
[ OFFER ACCEPTED - PENDING CONTRACT ] Welcome to 114 East 98th Street, Unit 2E - a rare chance to own a one-bedroom coop in the prestigious Carnegie Hill section of the Upper East Side. This is an HDFC development, making it one of the most attractive opportunities for first-time buyers seeking affordability and long-term value in one of Manhattan's most coveted neighborhoods. This four-room apartment spans just under 500 square feet, offering a practical layout with plenty of potential. The home awaits a creative touch, giving you the chance to remodel and customize a truly fantastic residence to your taste. Even better-this property is priced at least $200,000 under market value, giving you instant equity in a neighborhood where comparable one-bedrooms are out of reach for most first-time buyers. Living here puts you in the heart of Carnegie Hill, just two blocks from the 6 train at 96th Street, and steps away from Central Park, Mount Sinai Medical Center, the Cooper Hewitt Smithsonian Design Museum, and the Museum of the City of New York. Few locations in Manhattan combine cultural landmarks, green space, and everyday convenience as seamlessly as this one. With an HDFC coop, buyers enjoy two distinct advantages: Lower entry cost in one of the most exclusive neighborhoods in New York. The chance to build value in a restricted-sale unit that preserves affordability while still delivering long-term appreciation. If you've been waiting for the right moment to buy in Manhattan-this is it. Unit 2E at 114 East 98th Street represents a rare blend of location, value, and opportunity.

114 East 98th Street , #2E Unit #2E, New York
524 Chester Street, Brooklyn
$799,900
7 Beds ⋅ 3 Baths ⋅ 11537196 MLS

524 Chester Street, Brooklyn