259 Linden BLVD Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11226
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 489159
Bedrooms 10
Full Baths 6
Half Baths 1
Year Built 1931
Annual Tax Amount $16,400
Property Sub-Type Multi-Family
Property Description
Discover a golden opportunity in the heart of Flatbush! This exceptional 6-family building offers both a prime investment and an ideal owner-occupied living situation. Located in a rapidly developing area, this property boasts unbeatable convenience with the 2 train and multiple bus lines just minutes away.
Featuring 4 income-producing units with 2 bedrooms each, and 2 vacant apartments perfect for owner use—currently undergoing top-to-bottom renovations—this building presents a unique blend of steady cash flow and personal living space. The vacant units are still under renovation, with the option to configure them as either 1-bedroom or 2-bedroom apartments, depending on the buyer's preference. These units will be brand-new, modern living spaces upon completion.
The property is zoned R7-1, which allows for potential development, offering additional upside for the savvy investor or developer looking to capitalize on the area's ongoing growth.
Situated near the bustling hospital district, this location promises continued growth and demand. The recent development in the area has brought new amenities and increased property values, making this an excellent long-term investment.
Whether you're a savvy investor looking to expand your portfolio, a developer looking to unlock the potential of R7-1 zoning, or a homeowner seeking the perfect balance of personal space and rental income, this Flatbush gem is an opportunity you won't want to miss. Schedule your viewing today and secure your piece of Brooklyn's thriving real estate market!
Location
State NY
County Kings (brooklyn)
Area Flatbush
Zoning R7-1
Rooms
Basement Semi-Finished
Interior
Hot Water Gas
Heating Oil
Flooring Hardwood,Laminate,Tile
Heat Source Oil
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Oil
Financing 1031 Exchange,Bank Mortgage,Cash