ML# :807492   Fully Occupied 24-Unit Investment Property in Old Mill Basin, BrooklynLocated in the highly desirable Old Mill Basin section of Brooklyn, this fully occupied 24-unit brick building presents a prime opportunity for investors with significant upside potential.Each unit is equipped with separate HVAC systems and individual hot water tanks, with tenants responsible for all utilities except water, keeping operating costs low. The building features 16 covered parking spaces, 10 storage units, and a laundry room, unlocking major potential for added revenue.Key Highlights:16 on-site parking spots (projected: $67, 200/year at $350/month)10 storage units (projected: $33, 000/year at $275/month)Laundry room income (projected: $9, 000/year outsourced)Total projected additional income: $109, 200/yearNOI: $478, 505 Projected Cap Rate: 5.0%15-Year Tax Abatement ExpiredLow common area expensesViewings by appointment onlyIdeal for 1031 Exchange or long-term investorsThis property offers immediate cash flow with room to increase income, making it a smart addition to any real estate portfolio.