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652 73rd Street, Brooklyn, New York, 11209

$1,690,000

9

Beds

6

Bathrooms

4,824

Building Sqft

0.06

Acres

2,667

Lot Sqft

About 652 73rd Street

Prime 5-Family Investment Property For Sale! Exceptional investment opportunity in the heart of Bay Ridge. This fully renovated 3-story, 5-family building with a finished basement, sits on a large 26.67×100 lot with a large building size of 26.67×60. All apartments are spacious, and beautifully updated —no renovation needed, completely turn-key and ready for investors. 2-3 UNITS CAN BE DELIVERED VACANT. Separate boilers and hot water heaters; Tenants pay for their own gas, heating, and electricity. The property offers strong existing income with a current cap rate of 6.8% and excellent upside potential to reach 8.1%. Conveniently located just a few minutes’ to Fort Hamilton Parkway, close to all daily necessities including supermarkets, restaurants, and shops. The B70 and B4 buses are located nearby for easy and convenient transportation. A rare chance to own a high-performing, low-maintenance building in one of Brooklyn’s most desirable neighborhoods, ideal for investors seeking stability and long-term returns.

Features of 652 73rd Street

MLS® #
501940
Bedrooms
9
Bathrooms
6
Half Baths
1
Acres
0.06
Type
Residential
Price
$1,690,000
Square Footage
4,824
Sub-Type
Multi-Family

Community Information

Address
652 73rd Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11209

Listing Information

Agent Name
Xiu Qin (Jenny) Zou
Agent Office
Fang Fang Realty Inc

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(718) 987-7900