281 23rd St Brooklyn, NY 11215

Presenting an exceptional investment opportunity in the heart of Park Slope - a 12-family, 4-story brick building available for sale. This property is not only a lucrative investment but also an ideal choice for buyers considering a 1031 exchange. Situated on a spacious lot measuring 24.83x100.17 sq...ft, the building itself boasts a generous size of 24.83x88.83 sqft. Zoned as R6B, the property comprises 8 two-bedroom units and 4 one-bedroom units, generating an impressive annual rental income of $260,000. Conveniently located within a 6-minute walk to the D/M/N/R subway lines, this property offers easy access to public transportation. With five parks within a 3-mile radius and numerous shops and restaurants nearby, residents enjoy a vibrant and pleasant neighborhood. The area's favorable environment coupled with high rental income potential make for an excellent investment with a promising return on investment. Don't miss this opportunity to add a prime piece of real estate to your portfolio. Continue reading