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2047 78th Street, Brooklyn, New York, 11214

$1,450,000

12

Beds

Bathrooms

5,600

Building Sqft

0.06

Acres

2,667

Lot Sqft

About 2047 78th Street

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 and a 6.18% cap rate..

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.

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
Square Footage
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.

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(718) 987-7900