739 Pennsylvania Avenue
$1,150,000
11
7
4,725
4,725
$243
Description
For sale for the first time in 41 years, seize this rare investment opportunity to invest in East New York, Brooklyn with the purchase of739 Pennsylvania Avenue, a (6) six-unit, rent-stabilized building. This impressive brick property spans 22.5' x 70' on a generous 30' x 95' lot and provides immediate substantial returns and upside potential. For both seasoned investors and those looking to enter the real estate market, this is a standout addition to any real estate portfolio with maximum benefits...For sale for the first time in 41 years, seize this rare investment opportunity to invest in East New York, Brooklyn with the purchase of739 Pennsylvania Avenue, a (6) six-unit, rent-stabilized building. This impressive brick property spans 22.5' x 70' on a generous 30' x 95' lot and provides immediate substantial returns and upside potential. For both seasoned investors and those looking to enter the real estate market, this is a standout addition to any real estate portfolio with maximum benefits from the area's ongoing development and revitalization projects.739 Pennsylvania Avenue features a diverse mix of rent-stabilized units:- (1) Studio Apt Occupied- (4) Two-Bedroom Apts (3) Vacant- (1) Three-Bedroom Apt Vacant A finished basement adds valuable space, while the shared driveway and outdoor space enhance convenience and livability for tenants. Neighborhood amenities include Linden Park and Playground, perfect for outdoor activities and relaxation. Nearby essentials include a laundromat, Self Storage facilities, Mobil and BP gas stations, and popular spots like Dunkin' and Bravo Supermarkets. The area also offers a range of beauty and grooming services, as well as automotive care. Excellent connectivity with the 3 Train at Pennsylvania Avenue Station and the B20 Bus, ensuring smooth commutes and accessibility. 739 Pennsylvania Avenue is a remarkable opportunity for investors looking to capitalize on a high-demand area with a blend of occupied and vacant units, ensuring both immediate revenue and growth potential in a strategic location. Don't miss out on owning this versatile and promising property! Contact us today to schedule a viewing and explore the possibilities this property holds for your investment portfolio.
Property Details for 739 Pennsylvania Avenue
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LISTING UPDATED: 11/08/2024 11:19 AM
Property Details for 739 Pennsylvania Avenue
Status | Active |
---|---|
MLS ID | RPLU-33423076904 |
Days on Market | 143 |
Taxes | $1,263 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 0.0 |
Compass Type | Multi Family |
MLS Type | House/Building |
Year Built | 1930 |
Lot Size | 2,850 SF / 95' x 30' |
County | Kings County |
Building
Building Information for 739 Pennsylvania Avenue
Stories3Residences6Year Built1930Building Size22.5' x 70'Building Sq. Ft4,725 SFLot Size2,850 SF / 95' x 30'Building Age-Building Type-
Property Information for 739 Pennsylvania Avenue
Property History for 739 Pennsylvania Avenue
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 739 Pennsylvania Avenue
This home is within Nyc Geog District #19 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 213 New Lots PublicPK to 5 | ||
Van Siclen Community Middle School Public6 to 8 | ||
East New York Family Academy Public6 to 12 | ||
Legacy School of the Arts Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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