Brooklyn 18 Homes with Includes Legal Accessory Apartment Style

Brooklyn 18 Homes with Includes Legal Accessory Apartment Style

Welcome to the vibrant and diverse community of Brooklyn 18, where education meets opportunity. Nestled in the heart of Brooklyn, NY, this school district is renowned for its commitment to academic excellence and fostering a nurturing environment for students. With a variety of educational programs and dedicated staff, Brooklyn 18 is a place where children can thrive, making it an ideal choice for families looking to settle down in this bustling borough.

The homes in Brooklyn 18 offer unique features that cater to modern living, particularly those with legal accessory apartments. These homes not only provide ample space for families but also present an excellent opportunity for rental income or multi-generational living. Imagine having a cozy studio or one-bedroom apartment right within your property, offering privacy for guests or a perfect setup for an in-home office.

Living in Brooklyn 18 means more than just a home; it’s about embracing a lifestyle enriched by culture, community, and convenience. Residents enjoy easy access to parks, local shops, and a vibrant dining scene, all while being part of a supportive neighborhood. The excellent transportation links make commuting a breeze, connecting you to the rest of Brooklyn and beyond.

Whether you’re a first-time homebuyer or looking to expand your real estate portfolio, the homes in Brooklyn 18 with legal accessory apartments are a fantastic investment. Experience the charm of Brooklyn living while ensuring your family has access to quality education in a thriving community. Discover your dream home today in this dynamic district!

Newest Brooklyn 18 Homes with Includes Legal Accessory Apartment Style

$1,150,000
983544 MLS
Legal 4 Family + Legal Basement investment Opportunity *% cap Rate INCREDIBLE INVESTMENT OPPORTUNITY!! PLEASE READ BELOW FOR NOI REPORT Legal 4 family with legal 3 bedroom basement for additional income Exceptional Four-Family Investment Property in East Flatbush "THIS PROPERTY IS "S IS " TENANTS WONT ALLOW ACCESS Discover an incredible investment opportunity with this well-maintained four-family property in the heart of East Flatbush, Brooklyn. Perfectly suited for investors looking to generate substantial rental income, this property offers a blend of modern amenities and classic charm in a prime location. Property Features: Four Family Units: This property features four spacious and independent family units, each with its own entrance, ensuring privacy and convenience for tenants. Legal Basement Unit: An additional legally finished basement unit adds a fifth income-generating residence, maximizing rental potential. Outdoor Space: A private backyard provides a perfect space for outdoor activities or relaxation. **Recent Upgrades: New Roof: A recently installed roof ensures long-term durability and reduced maintenance costs. New Boiler: A brand-new boiler enhances energy efficiency and ensures comfortable living conditions for tenants. Prime Location: Convenient Access: Located on a quiet, tree-lined street, yet close to major transportation routes, shopping, dining, and entertainment options. Community Amenities: Proximity to local schools, parks, and community centers adds to the appeal for tenants. Investment Highlights: Income Potential: With five fully separate units, this property is ideal for investors seeking robust rental income. Free market rentals: As a free market property, the owner has full control over setting rental rates, allowing for flexible and competitive pricing High Demand Area: East Flatbush is a sought-after neighborhood with a strong rental market, ensuring high occupancy rates and rental demand. INVESTMENT OPPORTUNITY ! 8 % CAP RATE ,BROWNSVILLE , FREE MARKET property in East Flatbush/BROWNSVILLE SECTION is a great investment... offering versatility, comfort, and an excellent location. It represents a prime investment opportunity with significant income potential. Don’t miss out on this chance to enhance your real estate portfolio. PROPERTY DETAILS: TAXES $9457 • Multi-Family Property • Two-story walk-up • 5 Units • Lot Size: 30 × 100ft • Brand new boiler and plumbing throughout building Expenses: TAXES- $10,887 INSURANCE-$5,000 WATER-$3000 GAS-$3000 (HEAT & HOT WATER ) ELECTRIC-$1500 • Approximately $23,387 CURRENT RENT ROLL: • Apt 1F: $2,040 • Apt 1R: $2,417 • Apt 2F: $3,385 • Apt 2R: $2,387 Leases expire march 2026 current up to date rent roll is $122,748 annual ( without basement included • Basement: $2,500 performa currently vacant • Annual gross Rent Roll: $122,748 NET OPERATING INCOME AFTER EXPENSE $99,361

487 E 93rd Street, Brooklyn
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