$1,650,000
Multifamily property · MLS 11691650 · Listed 196 days ago (Apr 22, 2026)
Active: Listed and available according to the MyStateMLS feed.
Exceptional investment opportunity in the heart of Sunset Park! This well-maintained 6-family brick building (33x68, zoned R6B) features six spacious 3-bed/1-bath units with strong current income of $10,020/month ($120,240/yr) and a 5.1% cap rate at ask. Annual expenses of approximately $37,949 include taxes, insurance, gas, water, and common electric. Building highlights include brand-new 3rd floor windows and a roof approximately 7-8 years old - minimal near-term cap-ex. Conveniently located near the N/D/R trains, shopping, Sunset Park, the waterfront at Industry City and convenient express transit options into Manhattan. A rare opportunity to acquire a high-unit-count asset with a manageable expense ratio and clear "day-one" equity growth potential. Perfect for 1031 exchange buyers or portfolio growth.
Description provided by the listing brokerage.
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Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Listing last modified at the source Jul 29, 2026, 3:20 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 6:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.