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163 Veronica Place, Brooklyn, NY 11226

Brooklyn
Local realty services provided by:CENTURY 21 Awaye Realty
163 Veronica Place,Brooklyn, NY 11226
$3,900,000
  • - Beds
  • 8 Baths
  • 6,350 sq. ft.
  • Multi-family
  • Active
Listed by: sheraz ali
Office: suits realty llc.
MLS#:505003
Source:BROOKLYN

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$614.17

About this home

Suits Realty Investment Sales is proud to present 163 Veronica Place, an exceptional four-story, 8-unit residential apartment building in Flatbush, Brooklyn. Built in 2013 and meticulously maintained by its original owner, this ± 6,350 SF property features a robust masonry skeleton, in-demand building systems, and virtually no deferred maintenance. The building consists of 8 rent-stabilized units generating an immediate yearly rent roll of $212,328.00. Because tenants are responsible for their own heat, hot water, gas, and electricity utilities, the asset delivers strong, dependable cash flow from day one. Currently 100% occupied, the property offers an impressive clear path to a projected annual rent roll of $338,124 upon natural unit turnover. Crucially, the building’s 421-a tax abatement is set to expire in 2030, presenting a powerful future exit strategy or valueadd opportunity. Upon expiration, a new owner will have the legal flexibility to convert the building into a luxury...

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Home facts

  • Year built:2013
  • Listing ID #:505003
  • Added:1 day(s) ago
  • Updated:October 03, 2026 at 11:35 AM

Rooms and interior

  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Ceramic, Hardwood
  • Basement Description:Separate Entrance, Unfinished
  • Living area:6,350 sq. ft.

Heating and cooling

  • Heating:Gas, Steam/Radiator

Structure and exterior

  • Roof:Asphalt/Tar, Flat
  • Year built:2013
  • Building area:6,350 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Brick
  • Exterior Features:Back Yard
  • Foundation Description:Poured Concrete
  • Levels:4 Stories

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$614.17

Features and amenities

  • Amenities:Circuit Breakers
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