554 Linden, Brooklyn, New York

About 554 Linden

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.

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