1230 59th ST Active

Brooklyn,NY 11219

$ 2499999

8 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 874137

Bedrooms 8

Full Baths 3

Year Built 1925

Annual Tax Amount $7,585

Lot Size 2,003 Sqft

Property Sub-Type Duplex

Property Description

Prime Investment Opportunity in Borough Park – 1230 59th Street, Brooklyn

Situated in the heart of Brooklyn's thriving Borough Park neighborhood, this multi-family property at 1230 59th Street is a standout opportunity for savvy investors. With 3 income-generating units and the added advantage of being delivered vacant, this property offers maximum flexibility for customization and rental potential.

Property Highlights:

Delivered Vacant: A rare opportunity to set your own rents or renovate to your exact specifications without tenant constraints.

Turnkey Potential: Well-maintained building with recent updates, ensuring low maintenance costs and a seamless path to generating income.

Spacious Layouts: Each unit boasts functional floor plans with hardwood floors, high ceilings, and abundant natural light to attract quality tenants.

Updated Features: Modern kitchens with stainless steel appliances and up to date bathrooms enhance tenant appeal.

High Demand Location: Steps away from 13th Avenue's shopping and dining area, with easy access to public transportation (D and N subway lines), making it a commuter's dream.

Outdoor Appeal: A private backyard adds value for tenants and potential for additional amenities.

Why Invest Here?
Borough Park is a vibrant and stable rental market, ensuring consistent demand year-round. With this property delivered vacant, investors have unparalleled flexibility to maximize rental income or reposition the property for even greater returns.

This is a rare chance to capitalize on a high-demand area with strong appreciation potential. Contact us today to learn more about the financials and schedule a private showing.

Location

State NY

County Kings (brooklyn)

Interior

Heating Steam

Cooling Wall/Window Unit(s)

Exterior

Utilities Available Electricity Connected,Natural Gas Connected

Building

Sewer Public Sewer

Water Public

Structure Type Unknown

Others

Special Listing Condition None

View More
Favorite Go Tour