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Lawrence Avenue Portfolio 2 Multifamily Properties Offered at $3,100,000 in Brooklyn, NY

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INVESTMENT HIGHLIGHTS

  • Steps away from Ocean Pkwy
  • Amazing investment opportunity!

EXECUTIVE SUMMARY

Portfolio Sale of 2 (six-unit) Multi -family buildings.
HUGE PRICE REDUCTION! 12 APARTMENTS PACKAGE DEAL! LAWRENCE AVE & OCEAN PKWY 190 & 192 Lawrence Ave
2-building package with great income and the potential to increase even further! These are awesomely located 6-unit buildings.
The current combined monthly income is $20.890 and the rent rolls will only increase! The combined lot is over 48×100 and virtually steps away from Ocean Pkwy, making the location factor alone a wise investment. The fact that these buildings are money-makers makes this an amazing investment! Don't hesitate to contact me for the complete setup.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $210,000

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Gross Rental Income
Annual -
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual -
Net Operating Income
Annual $210,000

PROPERTY FACTS

Price $3,100,000
Price / SF $309.63 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 6.66%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 10,012 SF
Total Land Area 0.11 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
190 Lawrence Ave, Brooklyn, NY 11230 Multifamily 5,006 SF 1931 -
192 Lawrence Ave, Brooklyn, NY 11230 Multifamily 5,006 SF 1931 -
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  • Listing ID: 30015579

  • Date on Market: 11/9/2023

  • Last Updated:

  • Address: Lawrence Avenue Portfolio, Brooklyn, NY

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