1436 66th Street
Property Description
Presenting a rare opportunity to acquire a well-located, income-producing property in Brooklyn's highly convenient Dkyer Heights neighborhood. The building is configured with five one-bedroom apartments and one studio apartment, providing an attractive and diversified unit mix for investors. Three apartments are expected to be delivered vacant at closing, subject to the terms of the contract. This creates immediate flexibility for the new owner to renovate, upgrade, lease at current market conditions, or customize the units according to their investment strategy. Several apartments have already been beautifully upgraded and feature clean, modern, move-in-ready interiors. The combination of renovated units and potential vacant possession offers meaningful upside while reducing the amount of immediate work required after closing.The property offers strong income-producing potential together with relatively low property taxes, helping create an attractive operating profile for both experienced investors and buyers looking to expand their real estate portfolio.Conveniently situated near subway transportation, supermarkets, restaurants, delis, shopping, schools, and essential neighborhood services. The accessible location supports consistent rental demand and provides tenants with convenient access to daily necessities and public transportation.This property presents an excellent opportunity for an investor seeking multiple rental units, existing income, future rental upside, and long-term appreciation potential in a well-established Brooklyn neighborhood.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,750,000 |
| No. of Units: | 6 |
| Year Built: | 1920 |
| Lot Size: | 4,020.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $291,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 6 |
ID: 3yd-BMLSNY-503127
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
5801 Ellsworth Ave
Shadyside, Pennsylvania
616 Union St
California, PennsylvaniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout