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  • 554 Linden Boulevard
  • $ 2,100,000
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203

554 Linden Boulevard

East Flatbush   |   Albany Av & East 42nd St

Building For Sale
$ 2,100,000
Ownership Multi-Family
Lot Size 40'x100'
Status Active
Real Estate Taxes [Per Annum] $ 30,200
Building Size 40'x90'
Year Built 1926
ASF/ASM 14,400/1,338
 

Photos

554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
554 Linden Boulevard East Flatbush Brooklyn NY 11203

Property Description

This is an exceptional opportunity for an investor to acquire a fully occupied income generating 16 unit multifamily building in the heart of East Flatbush. It also adds a turnkey and cash-flowing asset to their real estate portfolio. This solid and stately building is ideally situated and benefits from its prime location, just minutes away from Prospect Park. The subject property is a four (4) story brick construction walk-up building situated on one (1) parcel: 40 ft X100 ft lot size (4,000SF). The gross building area is 18,000 SF and is comprised of sixteen (16) rent-stabilized residential units. The building's description is Section 15, Block 4878, Lot 9, and Building Classification C1. The building is 100% occupied and leases to sixteen (16) residential tenants. Each tenant is responsible for their utilities, which include electric and cooking gas charges. The building is well-maintained.: The building contains sixteen (16) units: nine (1) one-bedroom units, and seven (7) two bedrooms. The first floor has four (4) units, the second floor four (4) units, the third floor four (4) units, and the fourth (4) floor four (4) units.
This is an exceptional opportunity for an investor to acquire a fully occupied income generating 16 unit multifamily building in the heart of East Flatbush. It also adds a turnkey and cash-flowing asset to their real estate portfolio. This solid and stately building is ideally situated and benefits from its prime location, just minutes away from Prospect Park. The subject property is a four (4) story brick construction walk-up building situated on one (1) parcel: 40 ft X100 ft lot size (4,000SF). The gross building area is 18,000 SF and is comprised of sixteen (16) rent-stabilized residential units. The building's description is Section 15, Block 4878, Lot 9, and Building Classification C1. The building is 100% occupied and leases to sixteen (16) residential tenants. Each tenant is responsible for their utilities, which include electric and cooking gas charges. The building is well-maintained.: The building contains sixteen (16) units: nine (1) one-bedroom units, and seven (7) two bedrooms. The first floor has four (4) units, the second floor four (4) units, the third floor four (4) units, and the fourth (4) floor four (4) units.

Listing Courtesy of Vanguard R E Brokerage Group

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
Walk-in Closet
554 Linden Boulevard East Flatbush Brooklyn NY 11203
554 Linden Boulevard East Flatbush Brooklyn NY 11203

Building Details [554 Linden Boulevard]

Ownership Multi-Family
Block/Lot 4878/9
Building Size 40'x90'
Zoning R5
Year Built 1926
Floors 4
Lot Size 40'x100'

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Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 493212