Sunset Park Multifamily Portfolio Multi-Family FOR SALE


Brooklyn, NY - Sunset Park
$20,300,000 USD
212-381-6057
, Brooklyn, NY for Sale
$20,300,000 USD
Multi-Family - FOR SALE
1/5
null | 6.48% Cap Rate

Sunset Park Multifamily Portfolio
Brooklyn, NY
Sunset Park


HIGHLIGHTS

  • 114-Units | 4-Buildings | 84,520 SF
  • Located within .5-mile radius for seamless management
  • Well maintained and comply with all local laws

OVERVIEW

Matheos Realty Group has been exclusively retained to represent ownership in the sale of a well-maintained, income-producing four-building multifamily portfolio located in the heart of Sunset Park, Brooklyn. The portfolio consists of 114 residential units—112 of which are rent-stabilized and 2 free market—spanning approximately 84,520 square feet. Meticulously managed, each building features on-site laundry facilities and offers a quality living environment, contributing to strong tenant retention and long-term stability. With a total gross annual income of $2,283,789 and a net operating income of $1,315,569, the portfolio presents a rare opportunity to acquire significant scale in one of Brooklyn’s most resilient and demand-driven submarkets. Ownership would consider breaking up the package. Portfolio Breakdown: • 601 40th Street, Brooklyn, NY | 43-Units – Asking Price: $9,000,000 • 614 40th Street, Brooklyn, NY | 35-Units - Asking Price: $6,200,000 • 576 39th Street, Brooklyn, NY | 20-Units - Asking Price: $2,700,000 • 4219 7th Avenue, Brooklyn, NY | 16-Units - Asking Price: $2,400,000

ASK ABOUT THIS PROPERTY

Peter MatheosMatheos RealtyMore Info
212-381-6057

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Peter MatheosMatheos RealtyMore Info
212-381-6057

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