44 S Oxford St, Brooklyn, NY 11217

Property Description

Inquire for setup sheet and interior photosPrime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room.Overview:- Annual Income: $400,200- Annual Operating Expenses: $54,127- Net Operating Income (NOI): $346,073- Cap Rate: 5.13%- Total Units: 10 residential - Unit Mix: 10 free-market / 0 rent-stabilized- Building Size: 6,141 SF- Building Dimensions: 22' x 55'- Lot Dimensions: 22' x 100'- Amenities: Laundry Room & Gym- Heating/Cooling: Individual split units per apartmentWith 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth.Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.