2062 77th St
- Investment Highlights:
- Free Market Status – No rent regulation; full control over rental income and lease terms
- 6 Residential Units – Stable tenant base, all units occupied
- Significant Upside Potential – Current rents are below market; substantial room for increase
- Prime Bensonhurst Location – Close to shopping, dining, schools, and transportation
- Projected 7%+ CAP Rate – Rare opportunity in Brooklyn with this level of return
- Low Maintenance, Strong Bones – Well-maintained building structure with long-term investment appeal
Property Description
Introducing a prime investment opportunity in the heart of Brooklyn. This well-maintained, low-rise property offers a total of 6 stable residential units, all currently occupied, providing immediate rental income. With free market status and no rent regulation, investors have full control over lease terms and rental income, presenting significant upside potential. Situated in the sought-after Bensonhurst location, the building is conveniently located near shopping, dining, schools, and transportation. Built in 1924, with a strong structure and low maintenance, this property presents a rare opportunity for long-term investment with a projected 7%+ CAP rate. A solid investment with room for growth in a thriving market.
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: | 1924 |
| Lot Size: | 0.06 Acres |
| Opportunity Zone: | No |
| Price per unit: | $291,667 |
| Property Website | Click Here |
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