Pecoraro Realty

Description

Nestled in the heart of Greenwood Heights, this well-maintained eight family brick building offers a rare opportunity for investors seeking a solid income-generating property. Rich in original details, the building features classic two-bedroom railroad-style apartments. Spanning 25 feet x 65 feet on a generous 25 x 100 foot lot, the property boasts a strong annual rent roll of $146,040, including two free-market apartments.
Upgrades ensuring long-term value and efficiency include roof, electric, boiler, windows and granite exterior steps.
Located in a highly desirable neighborhood, this property benefits from easy access to transportation, local parks, trendy dining spots and all that Brooklyn has to offer.
An excellent investment with significant upside potential, this building is a standout in the thriving Greenwood Heights market.