About the Property

Investment opportunity in Brooklyn’s private, gated Sea Gate community. This detached 10-unit multifamily property offers two buildings on an expansive 100 *120-foot lot, totaling approximately 12,000 square feet, with approximately 5,211 square feet of building area and ample private parking. Features include hardwood floors, updated kitchen cabinetry, and improvements to the roof, siding, and windows. A full unfinished basement with high ceilings provides additional storage space. Residents enjoy private beach access and 24-hour community security. Annual scheduled rental income is approximately $124,000 before expenses, based on owner-provided rents and assuming full collection.