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$ 1,100,000
Est. payment /mo
New
2294 Atlantic AVE Brooklyn, NY 11233
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 505098
Full Baths 3
Annual Tax Amount $1,223
Property Sub-Type Multi-Family
Property Description
Welcome to 2294 Atlantic Avenue, Turnkey 3-family investment opportunity featuring three spacious units, each offering 2 bedrooms and 1 bathroom, with an amazing CAP rate of 8.6%. This well-maintained property is ideal for both seasoned investors and those looking to start building a strong real estate portfolio. Each unit provides a comfortable layout with generous living space, making them highly desirable for long-term tenants. The property boasts a strong rent roll with consistent income potential, supported by reliable occupancy and market-aligned rental rates. With minimal operating expenses, this asset is designed for efficiency and ease of management. Tenants are responsible for most utilities, helping to keep owner costs low and maximize net returns. The building has been properly cared for, reducing the need for immediate capital improvements. Whether you're looking for steady cash flow or long-term appreciation, this income-producing property checks all the boxes with its solid financial performance and low-maintenance profile.
Location
State NY
County Kings (brooklyn)
Area Ocean Hill
Rooms
Basement Cellar, Finished, Full
Interior
Hot Water Hot Water Coil in Boiler
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access No
Building
Foundation Other
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by eXp Realty BKNY
Nearby Locations
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