7.30% CAP
no data
Multi-family
Property Type
No NOI data
Net Operating Income (NOI)
2 unit(s)
Total Units
7.30%
CAP RATE
78
Leasable Doors
No price data
Price per unit
This two-building portfolio presents a rare opportunity to acquire well-maintained, income-producing assets in the highly desirable Sheepshead Bay neighborhood.
The first property is a sunlit, six-story corner elevator building featuring 47 rent-stabilized residential units and a 3,000-square-foot daycare facility.
The second is a bright and cheerful four-story elevator building with 29 rent-stabilized residential units and a 500-square-foot grocery store.
Both buildings have been recently upgraded, are fully occupied, and are meticulously maintained. They offer stable income, high tenant retention, and strong rental demand in a sought-after location with convenient access to public transportation, local amenities, and major thoroughfares. The properties may be purchased together or separately, offering flexibility for investors.
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