$2,999,000
19 Hubbard Place
Brooklyn, NY 11210
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Beds
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Baths
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Square feet
1920
Built
Listing narrative
Description
ATTN INVESTORS: 16 Units | Flatlands | 4 Vacant Units Massive 16-unit multifamily building for sale in Flatlands (Flatbush). This is the "value-add" opportunity you've been waiting for. A rare find for the strategic investor! Immediate Upside: 4 units delivered vacant at closing—ideal for rent growth. The Income: 12 stabilized units provide a strong, reliable cash flow. Prime Location: Walking distance to Kings Plaza, and major transit. This solid 16-unit brick building in Flatlands/ Flatbush offers the perfect blend of stable income and immediate upside. With four units delivered vacant, gives the new owner significant value-add opportunity for rent growth in a high-demand residential neighborhood. While the building is primarily rent-regulated, the delivery of 3–4 vacant units allow a rare "mark-to-market" opportunity in an otherwise "locked" market. Solid brick construction, updated mechanicals, and a clear path to increased NOI. Act fast—this will not last. Great opportunity for a 1031 exchange!
Property Details
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Price
$2,999,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Multi Family
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
3,698 sqft
Year
1920
Status
New
Days on Market
12
Courtesy of eRealty Advisors, Inc





