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$ 2,100,000
Est. payment /mo
New
554 Linden BLVD Brooklyn, NY 11203
16 Baths
14,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,400 sqft
Price per Sqft $145
MLS Listing ID 493212
Full Baths 16
Year Built 1926
Annual Tax Amount $30,200
Property Sub-Type Multi-Family
Property Description
This is an exceptional opportunity for an investor to acquire a fully occupied income
generating 16 unit multifamily building in the heart of East Flatbush. It also adds a turnkey
and cash-flowing asset to their real estate portfolio. This solid and stately building is ideally
situated and benefits from its prime location, just minutes away from Prospect Park.
The subject property is a four (4) story brick construction walk-up building situated on
one (1) parcel: 40 ft X100 ft lot size (4,000SF). The gross building area is 18,000 SF and is
comprised of sixteen (16) rent-stabilized residential units. The building's
description is Section 15, Block 4878, Lot 9, and Building Classification C1.
The building is 100% occupied and leases to sixteen (16) residential tenants. Each
tenant is responsible for their utilities, which include electric and cooking gas charges.
The building is well-maintained.:
The building contains sixteen (16) units: nine (1) one-bedroom units, and seven (7) two bedrooms. The first floor has four (4) units, the second floor four (4) units, the third floor four (4) units, and the fourth (4) floor four (4) units.
generating 16 unit multifamily building in the heart of East Flatbush. It also adds a turnkey
and cash-flowing asset to their real estate portfolio. This solid and stately building is ideally
situated and benefits from its prime location, just minutes away from Prospect Park.
The subject property is a four (4) story brick construction walk-up building situated on
one (1) parcel: 40 ft X100 ft lot size (4,000SF). The gross building area is 18,000 SF and is
comprised of sixteen (16) rent-stabilized residential units. The building's
description is Section 15, Block 4878, Lot 9, and Building Classification C1.
The building is 100% occupied and leases to sixteen (16) residential tenants. Each
tenant is responsible for their utilities, which include electric and cooking gas charges.
The building is well-maintained.:
The building contains sixteen (16) units: nine (1) one-bedroom units, and seven (7) two bedrooms. The first floor has four (4) units, the second floor four (4) units, the third floor four (4) units, and the fourth (4) floor four (4) units.
Location
State NY
County Kings (brooklyn)
Area East Flatbush
Zoning R5
Rooms
Basement Cellar, Unfinished, Walk-in
Interior
Hot Water Hot Water Coil in Boiler
Heating Oil
Flooring Hardwood, Tile
Heat Source Oil
Exterior
Exterior Feature Brick
Amenities Available Door – Intercom, Resident Superintendent
Roof Type Asphalt/Tar
Handicap Access No
Building
Story 4
Foundation Stone
Others
Energy Description Oil
Financing Bank Mortgage,Cash
Listed by Vanguard R E Brokerage Group