Cap rate 6.9% Delivered Vacant moving in condition Looking to invest in a piece of Brooklyn real estate? Then, look no further than 2358 Pacific Street. Located in the burgeoning area of Broadway Junction at the juncture of Ocean Hill, Crown Heights and Brownsville, this legal, three family, brick townhouse is being offered for sale with a nearly 7% cap rate. Currently arranged as boxed 2/2/1 bedroom apartments, each with one full bathroom. The interior features newly renovated hardwood floors, oak kitchen cabinetry and stainless steel appliances. The property is built 19x40 ft on a 107 ft lot, which leaves tremendous possibilities for a large, recreational backyard. For further upside, the property is provided vacant, and each apartment is self contained with separate boiler and hot water tank for each unit, which greatly reduces the expenses for the owner-landlord. The building is near to several modes of transportation at Broadway Junction, including the L, J/Z, and A/C train lines and less than a 30 minute commute to Manhattan. A setup with a projected rent roll is available upon request.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
