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1708 E 54th St 3 Unit Apartment Building Offered at $749,000 Brooklyn, NY 11234

EXECUTIVE SUMMARY
Nestled on a charming residential block, this brick 3-family home in prime Old Mill Basin offers an exceptional investment opportunity, priced under market value for a quick sale. The property features a diverse layout: a one-bedroom unit and a two-bedroom unit on the first floor, a spacious four-bedroom apartment on the second floor complete with a front patio and rear yard access, and a semi-finished basement ideal for storage, a recreation room, or a home office with a convenient half bath and separate entrance. This well-maintained building spans 20’ x 58’ on a 20’ x 100’ lot with 2 occupied units & 1 vacant unit, ensuring immediate rental income. Perfect for a 1031 Exchange! With its appealing mix of unit sizes and excellent access to transportation, this property promises both comfort and convenience for its residents and a lucrative opportunity for discerning buyers.
PROPERTY FACTS Under Contract
| Price | $749,000 | Lot Size | 0.05 AC |
| Price Per Unit | $249,667 | Building Size | 2,300 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1920 |
| Zoning | R5 | ||
| Price | $749,000 |
| Price Per Unit | $249,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.05 AC |
| Building Size | 2,300 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | R5 |
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Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (78)
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1708 E 54th St
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