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652 73rd Street, Brooklyn, New York, New York 11209

$1,690,000

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Property Details

Beds: 9 Baths: 5 Neighborhood: Bay Ridge Tax Amount: $17632.00 MLS Number: 501940 Bldg Size: 27 x 60 Lot Size: 27 x 100 Lot SqFt: 2667

Property Description

Prime 5-Family Investment Property For Sale! Exceptional investment opportunity in the heart of Bay Ridge. This fully renovated 3-story, 5-family building with a finished basement, sits on a large 26.67x100 lot with a large building size of 26.67x60. All apartments are spacious, and beautifully updated —no renovation needed, completely turn-key and ready for investors. 2-3 UNITS CAN BE DELIVERED VACANT. Separate boilers and hot water heaters; Tenants pay for their own gas, heating, and electricity. The property offers strong existing income with a current cap rate of 6.8% and excellent upside potential to reach 8.1%. Conveniently located just a few minutes’ to Fort Hamilton Parkway, close to all daily necessities including supermarkets, restaurants, and shops. The B70 and B4 buses are located nearby for easy and convenient transportation. A rare chance to own a high-performing, low-maintenance building in one of Brooklyn’s most desirable neighborhoods, ideal for investors seeking stability and long-term returns.

Property Type Residential

Property Status: Active

Property Features A/C Unit Other

Dalia Samouha

Real Estate Broker

Cell: 718.687.7576

Email: [email protected]

Instagram: @idealpropertiesrealty

Location

652 73rd Street, Brooklyn, New York, New York 11209