19 Hubbard Place

Brooklyn, NY 11210

$3,399,000
  • 0.08 Acre

19 Hubbard Place
Brooklyn, NY 11210

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Brooklyn / NY

Multi Family HIGHLIGHTS

  • Property Type

    Commercial Sale, Multi Family

  • Year Built

    1920

  • Heating

    Yes - Natural Gas

  • Stories

    4

  • RE Tax

    $51,780

Listing courtesy of Sinai Halberstam of eRealty Advisors, Inc.

ATTN INVESTORS: 16 Units | Flatlands | 4 Vacant Units Massive 16-unit multifamily building for sale in Flatlands (Flatbush). This is the "value-add" opportunity you've been waiting for. A rare find for the strategic investor! Immediate Upside: 4 units delivered vacant at closing—ideal for rent growth. The Income: 12 stabilized units provide a strong, reliable cash flow. Prime Location: Walking distance to Kings Plaza, and major transit. This solid 16-unit brick building in Flatlands/ Flatbush offers the perfect blend of stable income and immediate upside. With four units delivered vacant, gives the new owner significant value-add opportunity for rent growth in a high-demand residential neighborhood. While the building is primarily rent-regulated, the delivery of 3–4 vacant units allows a rare "mark-to-market" opportunity in an otherwise "locked" market. Solid brick construction, updated mechanicals, and a clear path to increased NOI. Act fast—this will not last. Great opportunity for a 1031 exchange!
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  • Acres

    0.0849 Acres

  • City Region

    Brooklyn

  • Lot Size

    3,700 Sqft

  • MLS #

    979243

  • Property Type

    Multi Family

  • Year Built

    1920

  • Building Area Total

    11692

  • Construction Materials

    Brick

  • Total Number of Units

    16

  • Total Stories

    4

  • Year Built

    1920

  • Parking Features

    On Street

  • Annual Taxes

    $51,780

  • Heating

    Yes - Natural Gas

  • Sewer

    Public Sewer

  • Utilities

    Natural Gas Available, Natural Gas Connected

  • Water Source

    Public

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $4,315

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

19 Hubbard Place

Location

Nearby Points of Interest

  • Starving Vegan

    Restaurants, Independent

  • Zakariyo-Furniture

    Home Improvement, Independent

  • Rx Corp

    Non Food Shops, Independent

  • 1859 Food

    Food Shops, Independent

  • A One Midwood Furniture Inc

    Home Improvement, Independent

Data courtesy of LocalLogic.co

Flatlands
Neighborhood

Flatlands

Flatlands is a residential neighborhood in southeastern Brooklyn bordered by Marine Park, Canarsie, and Midwood. Originally settled in the 17th century as part of the Dutch town of Nieuw Amersfoort, it developed primarily in the mid-20th...

19 Hubbard Place

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