137 Nelson St #8FAM, Brooklyn, NY, 11231

About This Home

Looking for your next prime investment with minimal headache? A rare opportunity to acquire a fully renovated original brick, 8-unit free-market asset in one of Brooklyn’s most desirable neighborhoods. 137 Nelson St underwent a full gut renovation to condo-level specifications and has since been held as a rental with professional management and excellent tenant retention. Each unit features modern finishes, stainless steel appliances, in-unit laundry, and efficient layouts designed for long-term rental performance. With extremely low maintenance and real estate taxes compared to similar investment assets, the property delivers robust in-place cash flow with upside through pro forma rent adjustments as leases roll over in 2026. Located in a high-demand submarket with consistent rental velocity, this offering is ideal for investors seeking a low-risk, high-yield asset with long-term appreciation potential. Bonus depreciation and accelerated cost recovery strategies further enhance after-tax returns for qualified buyers (consult CPA) Contact me for a full property set up