# 163 Veronica Pl, Brooklyn, NY 11226

> **TL;DR:** 0bd/8ba commercial, $3,900,000, built 2015. Est. $20,859/mo. Listed 31 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,900,000 |
| Bathrooms | 8 full |
| Year Built | 2015 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Stories | 4 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 31 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $19,721 |
| Estimated Insurance | $1,138 |
| **Total** | **$20,859** |

## Property Highlights

- Built in 2015
- 0.06 acre lot
- 4 stories

## Description

### Agent Description
Suits Realty Investment Sales is proud to present 163 Veronica Place, an exceptional four-story, 8-unit residential apartment building in Flatbush, Brooklyn. Built in 2013 and meticulously maintained by its original owner, this +/- 6,350 SF property features a robust masonry skeleton, in-demand building systems, and virtually no deferred maintenance. The building consists of 8 rent-stabilized units generating an immediate yearly rent roll of $212,328.00. Because tenants are responsible for their own heat, hot water, gas, and electricity utilities, the asset delivers strong, dependable cash flow from day one. Currently 100% occupied, the property offers an impressive clear path to a projected annual rent roll of $338,124 upon natural unit turnover. Crucially, the building's 421-a tax abatement is set to expire in 2030, presenting a powerful future exit strategy or valueadd opportunity. Upon expiration, a new owner will have the legal flexibility to convert the building into a luxury condominium or transition the units to full, unregulated freemarket rent levels. Perfectly positioned between Tilden Avenue and Beverley Road, residents enjoy effortless commuting via the 2/5 train at Church Avenue and Beverley Road. Furthermore, the property sits just 10 minutes away from Prospect Park, granting tenants immediate access to 526 acres of premier recreational space.

## Location

- **Address:** 163 Veronica Pl, Brooklyn, NY 11226
- **County:** Kings
- **Coordinates:** 40.646146, -73.952366
- **Google Maps:** https://www.google.com/maps?q=40.646146,-73.952366

## Listing Agent

- **Name:** Sheraz Ali
- **Brokerage:** SUITS REALTY LLC
- **Broker Phone:** 6467149366

## Photos

![163 Veronica Pl - Photo 1](http://lh.rdcpix.com/e09ef620bff57af22064ae3c9d29afcal-f2101507114r.jpg)

![163 Veronica Pl - Photo 2](http://lh.rdcpix.com/e09ef620bff57af22064ae3c9d29afcal-f3489654920r.jpg)

---

**MLS#:** 12009192 | **Updated:** 2026-10-28
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/163-veronica-pl-brooklyn-ny-11226-c67cea1d8c9a49119a868bdc7b344602)

---

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