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NewLuxury

$1,550,000

13 days on market

196 Lawrence Avenue

Brooklyn, NY 11230

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1931

Built

Listing narrative

Description

Excellent investment opportunity at 196 Lawrence Street! Recently renovated six unit property generating approximately $144,000 in annual income, with approximately $40,000 in annual expenses. Features a finished basement with walk-in access and windows. Well-maintained, income-producing property offering strong cash flow and excellent investment potential. A great opportunity for investors. New leases for 2 years in place Ownerf iling to remove the DHCR and rent controll on the building Air rights to add aditional floor and a half.

Listing agent (MLS): Eidel Moses · Listing brokerage (MLS): Keller Williams Valley Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,550,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

2,352 sqft

Year

1931

Status

New

Days on Market

13

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams Valley Realty

196 Lawrence Avenue, Brooklyn | Keller New York