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East New York, Brooklyn, NY 11207
Property Type
Commercial Sale, Multi Family
Central AC
No
Year Built
2025
RE Tax
$3,000 (Monthly)
Listing courtesy of Lina Shi RENE of S10 Realty Group LLC.
A rare investment opportunity in Brooklyn’s East New York! Brand-new construction featuring 9 residential units and 1 retail commercial, offering an attractive 6.3% return and a 35-year property tax abatement. Excellent transit access, minutes from the J/Z trains at Van Siclen Avenue and A/C trains at Liberty Avenue. Convenient access to the LIRR East New York station. Modern building amenities include individual PTAC heating and cooling systems, providing convenient, independent climate control. Located in an evolving neighborhood with ongoing revitalization and long-term development potential. A turnkey, low-maintenance, income-producing asset with diversified rental income and significant tax advantages.
0.06 Acres
0
Brooklyn
East New York
Commercial Sale, Multi Family
$3,000 (Monthly)
2025
Block, Stucco
10
2025
East New York
Brooklyn
Off Street
$3,000 (Monthly)
Finished
Yes - Electric
Yes
Yes - Electric
0
Public
Total$37,068.24/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
East New York is located in eastern Brooklyn, bordering Cypress Hills, Brownsville, and Canarsie, with Queens to the east. Developed largely in the late 19th and early 20th centuries…
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