2078 E 28th Street
Property Description
Prime 4-Family Investment Opportunity in Sheepshead Bay, Brooklyn This exceptional property presents a rare opportunity for both investors and end-users alike! Situated in the highly desirable Sheepshead Bay neighborhood of Brooklyn, this 4-family semi-detached brick building, offering approximately 2492 SF of living space with a detached garage offers strong income potential and long-term value. The property is fully occupied and features: - A spacious 2-bedroom apartment on the first floor - A large 3-bedroom apartment spanning the 2nd to 4th floors Each unit is separately metered with 4 gas meters and 5 electric meters, along with separate hot water coin systems. Tenants are responsible for their own hot water expenses, helping to minimize owner operating costs. Financial Highlights: - Annual Gross Income: $121,200 - Total Annual Expenses: $26077 - CAP Rate: Over 5% Location Highlights: Conveniently located between Avenue U & Avenue T, the property is close to: - Shopping and dining options - Kings Plaza Mall - Supermarkets, pharmacies, and schools Transportation: Easy access to the B & Q subway lines, multiple bus routes, and the Belt Parkway, providing convenient connectivity throughout Brooklyn and beyond. Delivered vacant!!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,850,000 |
| No. of Units: | 4 |
| Year Built: | 1920 |
| Lot Size: | 2,492.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $462,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 11 |
| Number of Bathrooms: | 4 |
ID: 3yd-BMLSNY-500468
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