SOLD FOR $950,000
· Sold at asking price · Closed November 1, 2024
$950,000
$152 per sq ft
269 GRAFTON Street
MLS® #RLS10961505
Listing by Douglas Elliman Real Estate
11
Bedrooms
9
Baths
6,240
Sq. Ft.
1910
Year Built
Sale Details
Property Summary
Description
Investors, seize the moment with this incredible opportunity to own a 9-unit rent stabilized multi-unit property in the thriving Brownsville neighborhood of Brooklyn! With a prime location and great rental income potential, this property is a lucrative investment waiting to be claimed. Nestled in the heart of Brownsville, this property offers easy access to transportation, shops, and dining options, making it an attractive choice for tenants seeking convenience and affordability. The sale of this property will be an "as is" transaction, presenting an excellent opportunity for investors to add value and maximize returns. With a new roof and two new hot water heaters recently installed, the major upgrades are already taken care of, providing peace of mind for future ownership. Currently, two units are vacant, offering immediate income potential for new owners. Additionally, the remaining seven units will be delivered occupied, providing steady rental income from day one. This property is perfect for investors looking to capitalize on the demand for affordable housing in Brooklyn. With rent stabilized units, you can enjoy consistent cash flow and long-term stability in your investment portfolio. Don't miss out on this exceptional opportunity to own a piece of Brooklyn real estate with great rental income potential, all at an unbeatable price. Schedule a viewing today and seize your future in Brownsville!
Property Details
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Listing courtesy of Christian Newton at Douglas Elliman Real Estate. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.