Excellent Investment Opportunity – 5-Family Property with 1 Storefront. No additional renovations are needed, as all residential units are already beautifully maintained and move-in ready. The property consists of three 2-bedroom apartments, two 1-bedroom apartments, and one storefront, with every unit currently generating rental income, providing a steady stream of cash flow. In addition to its rental income potential, the property's desirable location offers the potential for long-term appreciation, making it an attractive investment for the future. Tenants are responsible for their own electricity and gas expenses, helping reduce the owner's utility costs. Conveniently located near the F train subway station and B3 and B68 bus routes, the property offers easy access to public transportation and everyday conveniences. Don't miss this outstanding opportunity to own an income-producing property with strong investment potential!
Sheepshead Bay, located between Brighton Beach and Gerritsen Beach, is a waterfront and residential New York neighborhood with a working marina and low-rise streetscapes. The neighborhood’s character concentrates along Emmons Avenue by the Sheepshead Bay inlet, where seafood restaurants, dockside bars, and charter boats line the water. Classic Brooklyn brick apartment houses and attached homes sit on a calm grid, while the bayfront reads like a small harbor town. Roll-N-Roaster anchors local comfort food culture, and Lundy’s remains a landmark name tied to the area’s seafood legacy. Manhattan Beach Park adds open shoreline paths and ballfields, and the B/Q at Sheepshead Bay keeps the commute-oriented rhythm in view.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Finished basement
Bedrooms
Four 2-bedroom units and two 1-bedroom units
Bathrooms
Six units each have one full bathroom
Flooring
Hardwood, laminate, and tile flooring
Heating & cooling
Gas heating with baseboard delivery
Exterior features
Backyard
Home design
Attached building
Mixed-use property
Parking
Street parking
Construction
Brick and other construction materials
Flat roof
Poured concrete and other foundation materials
Utilities
110V electric with circuit breakers
Gas hot water
Financial info
Six units; all are listed with no lease
Current unit rents: $2,350, $2,300, $2,000, $2,000, $2,000, and $1,800
Reported rent income: $12,100
Utility expense: $950
Electricity and solar
View estimated energy costs and solar savings for this home