Newly Built 3 family with 8% CAP rate, walk to A, L, C, & J Subway

Located on E. New York Ave off Rockaway Ave in East NY, within walking distance to many subway lines: A, C, L, & J, and even the LIRR. This newly built, legal 3 family Brick and cinder block building is in good shape and fully occupied, with a total income of $7,200 a month. Each unit has 3 bedrooms and separate utilities: boiler, hot water, and gas & electric meters. 
Asking: $899,000


CONTACT OUR Real Estate Salesperson


  • Facebook - White Circle
  • Twitter - White Circle
  • Instagram - White Circle
  • YouTube - White Circle
  • Yelp - White Circle

We have hundreds of properties available for showing - many of them completely renovated and vacant, ready to move in. Moreover, as part of being a R.E.B.N.Y. (Real Estate Board of New York) participant, we have access to thousands of properties all over Brooklyn, Queens, and Manhattan. No registration needed; just dive-in and search for homes! And like all our services, it is completely free!

Read more

© 2021 Brownstone King

Brownstone King is affiliated with Massada Home Sales, Inc. located at:

389 Nostrand Ave, Brooklyn, NY 11216, Tel: 718-658-7200


Disclaimer: This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.