596 Eastern Parkway, Brooklyn, NY, 11225

596 Eastern Parkway, Brooklyn, NY, 11225

6 beds

3 Full baths

1915

Triplex

Prime Multifamily Investment Opportunity. This three-unit apartment building offers a fantastic investment opportunity in a high-demand area. Built circa 1915, the property features three (3) two-bedroom 1-bathroom apartments, currently all month to month providing steady rental income. Prime Location: Situated on Eastern Parkway with excellent visibility, easy access to public transportation, and strong tenant demand. Strong Income Potential: Comparable two-bedroom rentals in the area support a solid revenue stream. Well-Maintained Building: Professionally managed with no major deferred maintenance, featuring durable masonry and brick construction. Desirable Unit Features: Each apartment has separate electric and gas meters, plus double-hung aluminum frame windows with thermopane glass. Functional Improvements: Gas-fired heating units, PVC-to-cast iron plumbing, and brass potable lines enhance efficiency. Low Operating Expenses: Efficient management and low vacancy rates contribute to strong cash flow. Additional Features: One interior stairwell, no elevator, and battery-operated smoke alarms in each unit. This well-maintained property is a rare chance to acquire a cash-flowing asset in one of Brooklyn’s most sought-after neighborhoods. Don’t miss this exceptional investment opportunity!


Status:

Active

Type:

Single-family residential

Units:

3

Heating:

Natural Gas

Cooling:

None

Basement:

Common

Acreage:

0.05

Est. Taxes:

$10,415

Assessment

$107,760

Construction

Frame, Other

Utilities

None

Days on Market:

5

MLS #:

829118


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Chess Real Estate Services LLC 914-343-3924