2078 E 28th St
Listing Notes
Prime 4-Family Investment Opportunity in Sheepshead Bay, Brooklyn This exceptional property presents a rare opportunity for both investors and end-users alike! Situated in the highly desirable Sheepshead Bay neighborhood of Brooklyn, this 4-family semi-detached brick building, offering approximately 2492 SF of living space with a detached garage offers strong income potential and long-term value. The property is fully occupied and features: - A spacious 2-bedroom apartment on the first floor - A large 3-bedroom apartment spanning the 2nd to 4th floors Each unit is separately metered with 4 gas meters and 5 electric meters, along with separate hot water coin systems. Tenants are responsible for their own hot water expenses, helping to minimize owner operating costs. Financial Highlights: - Annual Gross Income: $121,200 - Total Annual Expenses: $26077 - CAP Rate: Over 5% Location Highlights: Conveniently located between Avenue U & Avenue T, the property is close to: - Shopping and dining options - Kings Plaza Mall - Supermarkets, pharmacies, and schools Transportation: Easy access to the B & Q subway lines, multiple bus routes, and the Belt Parkway, providing convenient connectivity throughout Brooklyn and beyond. Delivered vacant!!
Price in context
Cheaper than 4% of the 24 homes listed nearby right now, which run $1,035,000 to $2,150,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 2075 E 29th St | $1,035,000 | 2 bd · 3 ba |
| 2351 E 26th St | $1,048,000 | 3 bd · 2 ba |
| 1972 Ford St | $1,049,000 | 3 bd · 3 ba |
| 2253 E 29th St | $1,050,000 | 3 bd · 3 ba |
| 2118 E 26th St | $1,080,000 | 4 bd · 3 ba |
| 2340 E 29th St | $1,080,000 | 3 bd · 3 ba |
| 2109 E 21st St | $1,100,000 | 2 bd · 2 ba |
| 1871 Haring St | $1,188,000 | 3 bd · 3 ba |
| 1871 Haring St | $1,188,000 | 3 bd · 2.75 ba |
| 1871 Haring St | $1,188,000 | 3 bd · 3 ba |
| 2076 Coyle St | $1,249,999 | 6 bd · 3 ba |
| 4305 Bedford Ave | $1,250,000 | 3 bd · 1 ba |
| 4388 Bedford Ave | $1,275,000 | 4 bd · 3 ba |
| 1982 E 23rd St | $1,399,000 | 3 bd · 3 ba |
| 4215 Bedford Ave | $1,455,000 | 8 bd · 4 ba |
| 4215 Bedford Ave | $1,455,000 | 8 bd · 4 ba |
| 4319 Bedford Ave | $1,535,000 | 5 bd · 2 ba |
| 2118 E 27th St | $1,550,000 | 6 bd · 2 ba |
| 1917 E 26th St | $1,599,000 | 3 bd · 3 ba |
| 2024 E 27th St | $1,620,000 | 7 bd · 4 ba |
| 2141 E 24th St | $1,680,000 | 7 bd · 3 ba |
| 1891 E 29th St | $1,699,000 | 4 bd · 3 ba |
| 4093 Bedford Ave | $1,750,000 | 7 bd · 4 ba |
| 3334-3338 Nostrand Ave | $2,150,000 | Studio |
Where it is
For sale Coming soon Recently sold— zoom out for more
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