For Sale

2062 77th Street

2062 77th St | Brooklyn, NY 11214-1313, US

price$1,750,000
property typeCommercial Sale
year built1924

highlights

•Investment Highlights:
•Free Market Status – No rent regulation; full control over rental income and lease terms
•6 Residential Units – Stable tenant base, all units occupied
•Significant Upside Potential – Current rents are below market; substantial room for increase
•Prime Bensonhurst Location – Close to shopping, dining, schools, and transportation
•Projected 7%+ CAP Rate – Rare opportunity in Brooklyn with this level of return
•Low Maintenance, Strong Bones – Well-maintained building structure with long-term investment appeal

property
details

STATUSActive
SALE PRICE PER UNIT$1,750,000
YEAR BUILT1924
PROPERTY TYPECommercial Sale
BUILDING SIZE5,775 SF
LOT SIZE0.0634 acres
SALE PRICE$1,750,000
STORIES3
OCCUPANCY %100%
ZONINGR5
DAYS ON MARKET74

property
description

Introducing a prime investment opportunity in the heart of Brooklyn. This well-maintained, low-rise property offers a total of 6 stable residential units, all currently occupied, providing immediate rental income. With free market status and no rent regulation, investors have full control over lease terms and rental income, presenting significant upside potential. Situated in the sought-after Bensonhurst location, the building is conveniently located near shopping, dining, schools, and transportation. Built in 1924, with a strong structure and low maintenance, this property presents a rare opportunity for long-term investment with a projected 7%+ CAP rate. A solid investment with room for growth in a thriving market.

location
description

2062 77th St | Brooklyn, NY 11214-1313, US

Discover the vibrant neighborhood surrounding this prime multifamily investment opportunity in Brooklyn. Located in a dynamic area with a rich cultural heritage, the property is surrounded by a variety of dining, shopping, and entertainment options. Within walking distance, investors will find beautiful parks, renowned cultural institutions, and convenient public transportation, offering easy access to Manhattan and beyond. With a diverse and rapidly growing population, the area presents an excellent opportunity for high-rise development, providing future residents with a dynamic urban lifestyle in a sought-after location.

Kevin Ma

Kevin Ma

NY #10301219938
(917) 662-8999

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