1935 Bergen St, Brooklyn, NY 11233

High-Cap-Rate 16-Unit Investment Opportunity at 1935 Bergen Street, Brooklyn Excellent opportunity to acquire a high-cap-rate, 16-unit multifamily building in Brooklyn featuring 14 fully renovated, free-market apartments. The renovated units offer modern kitchens and bathrooms, new flooring, exposed brick details, and attractive contemporary finishes. Each apartment has separate utilities, with tenants responsible for their own utility costs, helping reduce operating expenses and support a strong net operating income. With 14 free-market apartments, extensive renovations already completed, limited immediate capital improvement needs, and strong income potential, this property represents an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation in the Brooklyn multifamily market. NOI $371,307 CAP 8.3%