NY > Brooklyn > South Slope > 490 19th Street
Brooklyn, NY 11215,490 19th Street #1
Brooklyn, NY 11215,490 19th Street #1
Brooklyn, NY 11215,490 19th Street #1
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Listing Courtesy of PEN REALTY LLC
$4,500
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3 Beds
2 Baths
2,400 SqFt
Active

490 19th Street #1 Brooklyn, NY 11215

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Rent

Square Footage 2,400 sqft

Subdivision South Slope

MLS Listing ID RLS20029693

Style Walk-Up

Bedrooms 3

HOA Y/N No

Year Built 1915

Property Sub-Type Multi Family

Property Description

Located just steps from Prospect Park in prime, this beautifully maintained 9-unit multifamily building offering strong in-place income and long-term upside. The property includes six free market and three rent-stabilized units, featuring a mix of one- and two-bedroom layouts ranging from approx. 550 to 1,000 sq ft. All apartments have been recently renovated and are in excellent condition. Current gross monthly income is $33,350, or over $400K annually. With reported annual expenses adjusted for recent capital improvements, the projected NOI exceeds 500k, resulting in a higher cap rate. This turnkey asset is ideal for investors seeking stable returns in a high-demand Brooklyn neighborhood, near Prospect Park, top schools, shopping, dining, and transportation

Location

State NY

County Kings

Building 490 19th Street

Interior

Cooling Window Unit(s)

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Washer

Laundry In Unit, See Remarks

Exterior

Private Pool No

Building

Dwelling Type Multi Family

Story 2

New Construction No

Others

Ownership None

Pets Allowed Building No, No

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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agent

Anthony Guerriero

Broker

+1(646) 376-8752

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490 19th Street #1

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