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554 Linden Boulevard, Brooklyn, NY 11203

For Sale

$2,100,000

16 baths • 14,400 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $145.83
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This is an exceptional opportunity for an investor to acquire a fully occupied income generating 16 unit multifamily building in the heart of East Flatbush. It also adds a turnkey and cash-flowing asset to their real estate portfolio. This solid and stately building is ideally situated and benefits from its prime location, just minutes away from Prospect Park. The subject property is a four (4) story brick construction walk-up building situated on one (1) parcel: 40 ft X100 ft lot size (4,000SF). The gross building area is 18,000 SF and is comprised of sixteen (16) rent-stabilized residential units. The building's description is Section 15, Block 4878, Lot 9, and Building Classification C1. The building is 100% occupied and leases to sixteen (16) residential tenants. Each tenant is responsible for their utilities, which include electric and cooking gas charges. The building is well-maintained.: The building contains sixteen (16) units: nine (1) one-bedroom units, and seven (7) two bedrooms. The first floor has four (4) units, the second floor four (4) units, the third floor four (4) units, and the fourth (4) floor four (4) units.
MLS# 493212

Courtesy Of Lamar M Collins

(718) 570-5131

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood, Tile
  • Heating System
    Steam
  • Lot Size
    0.09 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 554 Linden Boulevard, Brooklyn, NY 11203

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.