259 Linden Blvd, Brooklyn, NY 11226

<span>Investors and developers, take note! Cash-flowing asset "Turn Key Rent Stabilized Building"</span></p> <span></span></p> <span>A fully occupied 6-unit building in the heart of Flatbush Brooklyn is up for sale in a rapidly gentrifying neighborhood. This property is a reliable source of cash flow, generating $89, 368 in Gross Income annually with occupants who treat the building as their own. Each unit offers 2 bedrooms, 1 bathroom, and around 700 sq. ft. (total of 12 bedrooms).</span></p> <span></span></p> <span>Besides its current cash flow, there's tremendous potential for growth. </span></p> <span>Zoned R7-1, C1-3, with 6, 398 unused FAR, there's room for development or opportunity to sell air rights down the line. Conveniently located at Linden Blvd/Nostrand Ave, by Prospect Park, various train lines, hospitals, Brooklyn Museum, and shopping centers, this property is centrally positioned in Brooklyn's vibrant scene.</span></p> <span></span></p> <span>If you're looking for an income-generating investment with potential, this is it! It is right by Rt. 27, and minutes from the BQE.</span></p> <span></span></p> <span>Don't miss out on this prime turnkey investment or portfolio addition!</span></p> <span></span></p> <span>- The roof and building are in overall great condition </span></p> <span>- Storage space available in the basement</span></p> <span>- The boiler is 7 years old</span></p> <span>- New electric sub-panels (Apt 1R & 1L 50amps)</span></p> <span>- Lot Size: 26ft x 126.8ft (3, 298)</span></p> <span>- Building Class: C2</span></p> <span>- Year Built: 1931</span></p> <span>- Zoning: R7-1, C1-3</span></p>

Property Features