1166 East New York, Brooklyn

$988,000

7 Beds
5 Baths
3,280 Sqft
0 Acres
0 Garages

Numerous reasons make this multi-family property on the East Flatbush-Brownsville border, a great investment: Legal, four-family house for under $1 million, one block from the subway and Lincoln Terrace’s courts, fields and playgrounds? Keep going… Three 2-bedroom apartments and one 1-bedroom unit plus a full length, finished basement with two of its own separate entrances. Even better!! Shared driveway and large backyard… nice touch!

The asking price reflects the improvements needed to bring each unit to market rentability. Meanwhile, the property comes fully tenanted-- the current rent roll will cover your new mortgage! Makes sense now, and comes with huge potential and upside in the near future. Inventory and opportunities to own a four-family property are low… here’s your chance to do what others will wish in five years time, that they had done now!

Essential Information
MLS® #434288
Price$988,000
Bedrooms7
Bathrooms5.00
Full Baths5
Square Footage3,280
Year Built1930
TypeMulti-Family
Sub-TypeMulti-Family
StatusActive
Community Information
Address1166 East New York
AreaEast Flatbush
CityBrooklyn
CountyKings (Brooklyn)
StateNew York
Zip Code11212
Amenities
AmenitiesNONE
FeaturesNone
Interior
InteriorOther
HeatingOther
Has BasementYes
Basement

Finished, Full, Separate Entrance

Exterior
ExteriorBrick
Lot Description2731
RoofOther
ConstructionOther
FoundationOther
Additional Information
Date ListedOctober 24th, 2019
Days on Market7
ZoningR6
LISTING MAP

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Listing courtesy of Keller Williams Realty Empire

© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: November 13th, 2019 at 2:00am EST

Listing courtesy of Keller Williams Realty Empire

© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: November 13th, 2019 at 2:06am EST

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