Rare-find 12-family detached brick building with 9 of 12 apartments delivered vacant at closing, located in prime Homecrest! This is an extremely rare opportunity offering 75% vacancy at closing and tremendous flexibility and value-add potential for the new owner, subject to applicable rent regulations. The building consists of 12 one-bedroom apartments with a total of 34 rooms and 12 bathrooms. The remaining 3 apartments are tenant occupied. Building size 40x86 ft with approximately 8,378 sq ft sitting on a 40x100 ft lot. Property features brass plumbing, upgraded electrical service capable of supporting 24 air-conditioning units along with other electrical needs, and a relatively newer gas/oil combination boiler currently operating on gas. Fully detached construction provides excellent natural light and ventilation throughout. Conveniently located near public transportation, shopping, restaurants, schools, and the Kings Highway/Avenue U commercial corridors. Extremely rare opportunity to acquire a 12-unit Brooklyn apartment building with 9 vacancies at closing!
Listing courtesy of RE/MAX Edge.