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
Amenities
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
Estimates only. Actual payments may vary.
Location
643 Osborn Street
Brooklyn, NY 11212
Brownsville
Property Details
Flooring
Construction
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.






