About This Home
This 0-bedroom, 5-bathroom commercial at 589 E 93rd Street in Brooklyn, NY is listed for $1,299,000 ($180 per sqft). Built in 1920, the home offers 7,200 sqft of living space on a 0.07 acres lot.
Key Features
- Built in 1920
- 0.07 acre lot
- 3 stories
Property Details
Amenities
Turnkey Investment Opportunity on the Canarsie/East Flatbush Border. Located on the Canarsie/East Flatbush border, this semi-detached brick building features five 2BR/1BA units and one 1BR/1BA unit, each complete with eat-in kitchens and hardwood floors.
Bonus semi-finished basement, private parking, and a rare 3-car garage! Excellent income potential with room to add value through updates. Sold as-is near B15/B35 transit and top local shopping. Property Highlights: Building Layout: Substantial three-story brick structure featuring six well-proportioned residential units (two apartments per floor).
Unit Breakdown: Five 2-bedroom/1-bathroom apartments and one 1-bedroom/1-bathroom apartment. Interior Features: Every unit boasts classic hardwood floors, a spacious living room, a dedicated dining area, and a functional eat-in kitchen. Bonus Space & Parking:Includes a semi-finished basement offering abundant potential, along with rare private parking and a 3-car garage-a highly sought-after commodity in Brooklyn real estate.
Location & Convenience:Transit: Commuting is effortless with the B15 and B35 bus lines just moments away. Amenities:Conveniently situated near vibrant local shopping centers, retail hubs, dining, and neighborhood services. Investment Potential:Sold "As-Is," this property needs some cosmetic updates, providing the perfect canvas to upgrade units, increase market rents, and maximize your capitalization rate in a high-demand rental market.
Monthly Cost Estimate
$6,947/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
589 E 93rd Street
Brooklyn, NY 11236
Canarsie
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 5-bathroom commercial at 589 E 93rd Street is listed at $1,299,000 ($180/sqft). The estimated monthly payment is $6,947 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.07 acre lot, 3 stories.
This property is listed by Conrad W. Higgins.
Conrad W. Higgins
Agent at HIGGINS REALTY GROUP LLC
