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12 Beds

-- Bathrooms

5,600 Building Sqft

2,667 Lot Sqft

$1,450,000

2047 West 78th Street, Brooklyn, New York, 11214

About 2047 78th Street

Active Multi-Family

Welcome to this excellent 6-family brick investment property located in the heart of Bensonhurst, Brooklyn. The property features six spacious two-bedroom apartments, providing a strong and consistent income stream. In addition, the building offers two separately rented basement storage areas, creating additional income potential.

The property currently generates approximately $11,230 per month in gross rental income, or $134,760 annually.

Annual expenses are approximately $45,100, resulting in an estimated NOI of $89,660

a 6.18% cap rate at the asking price of $1,450,000.

The building is well positioned near shopping, restaurants, public transportation, and the vibrant 86th Street commercial corridor. A strong opportunity for investors seeking a stabilized multifamily asset with additional income and future upside.

Offered at $1,450,000. Serious investors are encouraged to inquire for additional financial details.

Features of 2047 78th Street

MLS® #
504087
Bedrooms
12
Acres
0.06
Type
Residential
Price
$1,450,000
Building Sqft
5,600
Year Built
1924
Sub-Type
Multi-Family

Community Information

Address
2047 78th Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11214

Listing Information

Agent Name
Mari Mineh
Agent Office
GW Realty Inc.

Listing Map

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At a Glance

2047 West 78th Street

Brooklyn, New York, 11214

$1,450,000

12 Beds

-- Bathrooms

5,600 Building Sqft

2,667 Lot Sqft

Contact Agent