




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
0
88
Schools
8/10
4/10
4/10
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
