MLS Listing Details - Ideal Properties Realty

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Ideal Property Realty

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With over twelve years of real estate experience, we pride ourselves in delivering results while building relationships that last a lifetime. Ideal Properties Realtyis a full service real estate firm that tailors its services to the satisfaction of our clients. Our ability to guide home buyers, design strategic marketing campaigns, and understand the intrinsic elements of the sales process, makes us the premiere real estate firm in Brooklyn. Our experts are trained to resourcefully assist clients in areas such as selling residential homes, condominiums, and investment properties, as well as handle rentals and leasing.Owning Real Estate is a symbol of responsibility, a source of security, and a part of the American Dream. Our professional work continuously to ensure that process is smooth, sustainable, and easy to understand.To help sellers navigate the real estate process, we begin with an educational course that helps our clients understand the market and how to price their property, and close the deal. Whether you are buying or selling, Ideal Properties Realty will guide you step by step.

Home » MLS Listing Details

530 50th Street, Brooklyn, New York, New York 11220

$2,495,000

Property Details

Baths: 9 Neighborhood: Sunset Park Tax Amount: $36527.00 MLS Number: 504438 Bldg Size: 25 x 89 Lot Size: 25 x 100 Lot SqFt: 2504

Property Description

PORTFOLIO PACKAGE DEAL: TWO BUILDINGS SOLD TOGETHER (NO SEPARATE SALES). The sale includes both [Building 1 address: 528 50th Street, Brooklyn NY 11220] and [Building 2 address: 530 50th Street, Brooklyn NY 11220]. Attention investors and/or 1031 exchange buyers! Exceptional opportunity to acquire a stable, income-producing multi-family portfolio in one of Brooklyn’s most resilient rental markets. This offering feature two separate multiple-dwelling rental buildings being sold together, delivering immediate cash flow and a reliable, low-vacancy track record. This property is part of a mandatory two-building portfolio package and cannot be purchased individually. Both properties must close simultaneously under two separate, concurrent contractual agreements. These two Multi-family investment buildings feature rent-stabilized and rent-controlled units, offering a stable and highly predictable cash flow asset. Each building has 10 individual gas meter and 10 individual electric meters. Each building has 9 apartments.

Property Type Residential

Property Status: Active

Property Features Other