Private houses New York City Ads

4-Family Townhouse in Homecrest, Brooklyn — CAP Rate 5%! Built in 1985 and ideally located off Kings Highway in the prestigious Homecrest neighborhood, this well-maintained four-family brick townhouse represents an excellent investment opportunity with strong cash flow and long-term growth potential. The building offers approximately 5,250 square feet of floor space. The building features four spacious duplex apartments, each approximately 1,312 square feet, with three bedrooms, 1.5 bathrooms, and a washer and dryer in each apartment. All apartments are individually metered for gas and electric. Tenants pay all utilities (except water). Rental Income by Apartment: Unit A: Rent $2,800/mo. + Utilities Unit B: Projected Rent $2,900/mo. + Utilities Unit C: Rent $3,500/mo. + utilities Owner's Apartment (Unit D): Estimated rent $3,500/month — will be released upon closing. The building is in excellent condition, featuring a new roof, updated kitchens, hardwood floors, and bright, open floor plans with plenty of natural light. Each apartment has its own mechanical room, providing convenient maintenance and additional privacy for residents. Financials: Annual Taxes: $40,243 Net Operating Income (NOI): approximately $110,000 CAP Rate: ~5% Investment Advantages: Four large duplex units offer high rental potential Excellent location in Homecrest near Kings Highway Stable tenants and instant cash flow Ideal for both investors and owner-occupiers Convenient access to the B and Q subway lines, express bus service, and major shopping areas Don't miss this rare opportunity to purchase a secure, high-yield multifamily property in one of Brooklyn's most sought-after neighborhoods. Contact us today to schedule a private showing!

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