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  • Perfect—here’s a clean, investor-focused description for that Canarsie property:Turn-Key 24-Unit Investment Property in Canarsie, BrooklynAn outstanding opportunity in the heart of Canarsie, Brooklyn—this well-maintained 24-unit brick building features all 2-bedroom, 2-bath apartments, ideal for steady rental demand. Tenants pay all utilities except water, with all-electric systems, eliminating the need for gas, boiler maintenance, or a compactor room.The building includes:Legal super’s unitAccessory office in the basement with half bathAdditional storage roomsNo elevator = lower maintenance421A Tax Abatement in placeLow operating expensesWith a NOI of $649, 000 and a Net Cap Rate of 5.6%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of Brooklyn’s steadily growing neighborhoods.
    $10,500,000
    View details
    ML# :3446376   Perfect—here’s a clean, investor-focused description for that Canarsie property:Turn-Key 24-Unit Investment Property in Canarsie, BrooklynAn outstanding opportunity in the heart of Canarsie, Brooklyn—this well-maintained 24-unit brick building features all 2-bedroom, 2-bath apartments, ideal for steady rental demand. Tenants pay all utilities except water, with all-electric systems, eliminating the need for gas, boiler maintenance, or a compactor room.The building includes:Legal super’s unitAccessory office in the basement with half bathAdditional storage roomsNo elevator = lower maintenance421A Tax Abatement in placeLow operating expensesWith a NOI of $649, 000 and a Net Cap Rate of 5.6%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of Brooklyn’s steadily growing neighborhoods.
    Call Today: (631) 283-1000, or  Email: Gold Coast Homes & Estates
    MLS
    Presented by: Blue Key Real Estate Brokerage  718-921-2280
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