Brooklyn Blocks Real Estate I Rentals and Sales
We specialize in Brooklyn Apartments, Coops, Condo's and Homes in every neighborhood.

Avi's Blog

370 E 32nd Street

Neighborhood- East Flatbush // Building Type - 3 family investment // Asking Price -  $1.1M // $464 property tax

 Property

Property

 block view  

block view  

 

My thoughts

If you’re looking for a property that will gain traction in the Brooklyn market, then this is a good buy. What I like is that even though you will have to wait for this investment to pay off, it comes vacant and move in ready. This give the property an edge, as there are plenty of investments asking a similar price but in need of additional money to bring in the rental income you’ll need to cover the mortgage. 

Unit Information

  • Ground Floor unit: 1000sf // 3 bedroom // 2 bathroom // backyard access // washer/dryer hookup // central heat + a/c // video intercom // modern renovations = $2300 estimated income
  • Top Floor Unit: 10000sf // 4 bedroom // 2 bathroom // skylight // washer/dryer hookup // central heat + a/c // video intercom // modern renovations = $3600 estimated income
  • Basement Unit: 2 bedroom // private entrance // washer/dryer hookup // central heat + a/c // video intercom // modern renovations = $1800 estimated income

Interior Features

  • Oven/Range
  • Refrigerator
  • Microwave
  • Recess lighting
  • Video intercom
  • Central Heat + A/C
  • Washer/Dryer hookup