About This Home

This 10-bedroom, 4-bathroom residential multi family at 643 Osborn Street in Brooklyn, NY is listed for $1,250,000 ($407 per sqft). Built in 1930, the home offers 3,075 sqft of living space on a N/A lot.

Key Features

  • Built in 1930
  • 2 stories

Property Details

2 stories
4 full
1930

Amenities

Hardwood
Listing Description

Value-Add 4-Unit Multifamily Investment | Over 10.6% Pro Forma Cap Rate Don't miss this outstanding opportunity to acquire a 4-unit multifamily building in the rapidly evolving Brownsville neighborhood of Brooklyn. This income-producing asset offers immediate cash flow with substantial upside through leasing and rental growth.

The property features: Three 2-bedroom, 1-bath apartments One 3-bedroom, 1-bath apartment Finished basement generating additional income The building is currently producing approximately $137,556 in annual gross income, with the potential to increase to over $160,000 annually based on projected rents.

Investment Highlights Projected 10.65% Cap Rate Projected NOI: $133,124 Purchase Price: $1,250,000 R6 Zoning 25' x 100' Lot Approximately 3,075 SF Building Built in 1930 Stable tenant base with government-assisted rental programs Excellent value-add opportunity through lease-up and rent optimization Ideally situated on Osborn Street, the property i

s conveniently located near public transportation, schools, shopping, parks, and neighborhood amenities, providing strong long-term rental demand. Whether you're an experienced investor or expanding your multifamily portfolio, 643 Osborn Street presents an exceptional opportunity to acquire a solid Brooklyn asset with immediate income and significant upside potential. Contact us today for the complete financial package, rent roll, and to schedule a private tour.

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

643 Osborn Street

Brooklyn, NY 11212

Brownsville

Property Details

Flooring

Hardwood

Construction

Brick

Questions & Answers

This 10-bedroom, 4-bathroom residential multi family at 643 Osborn Street is listed at $1,250,000 ($407/sqft). The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 2 stories.

This property is listed by Avraham Birnbaum and can be reached at 973-873-8444.

AB

Avraham Birnbaum

Agent at TWELVE STONES REALTY

(973) 873-8444

Listed by TWELVE STONES REALTY · Broker phone: 973-873-8444 · View on Broker Site

MLS# 11908939· Source: My State MLS· 66 days on PropertySimple

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.

643 Osborn Street, Brooklyn, NY 11212

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