- Bedrooms: 24
- Price: $10,500,000
Perfect — here is a clear, investor-focused description for this Canarsie property: Turn-Key 24-Unit Investment Property in Canarsie, Brooklyn An exceptional opportunity in the heart of Canarsie, Brooklyn — this well-maintained 24-unit brick building features 2-bedroom, 2-bathroom apartments ideal for steady rental demand. Tenants pay all utilities except water, with fully electric systems eliminating the need for gas, boiler maintenance, or a compactor room. The building includes: Legal superintendent unit Basement accessory office with powder room Additional storage rooms No elevator = lower maintenance 421A tax abatement in place Low operating expenses With a $649,000 NOI and a 6.2% Cap Rate, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal expenses, and efficient building systems make this a true turn-key asset in one of Brooklyn’s ever-growing neighborhoods.