Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

123 Troutman St, Brooklyn, NY, 11206

17beds
9baths
0sqft
$2,195,000
--price/sqft
$12,645/moest. monthly cost
$505,800/yrincome needed

About This Home

Great investment opportunity! This rent-stabilized 8-family property is ideally located and offers strong cash flow. The front building features 6 units, while the rear building has 2 additional units, including duplex and 3-bedroom layouts. Between the two buildings is a shared common area, adding to the appeal for tenants. With nearly $200,000 in gross annual income and low operating expenses, this property delivers a cap rate of over 7%. A rare chance for investors seeking steady income and long-term value. The entire building will be delivered fully occupied.

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
88
BikeVery Bikeable

Construction

Condition

  • Year built: 1931

Type & Style

  • Home type: SingleFamily
  • Property subType: Building

Interior

Bedrooms & Bathrooms

  • Bedrooms: 17
  • Bathrooms: 9
  • Full bathrooms: 9

Interior Area

  • Total structure area: 0

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden