-
$3,399,000
PRICE
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11,692
Sqft
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0.08
Acres
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1920
Built
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$291
Price/Sqft
ATTN INVESTORS: 16 Units | Flatlands | 4 Vacant Units Massive 16-unit multifamily building for sale in Flatlands (Flatbush). This is the "value-add" opportunity you've been waiting for. A rare find for the strategic investor! Immediate Upside: 4 units delivered vacant at closing—ideal for rent growth. The Income: 12 stabilized units provide a strong, reliable cash flow. Prime Location: Walking distance to Kings Plaza, and major transit. This solid 16-unit brick building in Flatlands/ Flatbush offers the perfect blend of stable income and immediate upside. With four units delivered vacant, gives the new owner significant value-add opportunity for rent growth in a high-demand residential neighborhood. While the building is primarily rent-regulated, the delivery of 3–4 vacant units allow a rare "mark-to-market" opportunity in an otherwise "locked" market. Solid brick construction, updated mechanicals, and a clear path to increased NOI. Act fast—this will not last. Great opportunity for a 1031 exchange!
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Additional Information
ADDITIONAL INFORMATION
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DAYS ON MARKET:
155
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ON MARKET DATE:
2026-04-01
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PARKING:
On Street
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SEWER:
Public Sewer
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TAX AMOUNT:
$51,779
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TYPE:
Commercial Sale
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UNIT COUNT:
16
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UTILITIES:
Natural Gas Available, Natural Gas Connected
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YEAR BUILT:
1920
INTERIOR/EXTERIOR FEATURES
-
CONSTRUCTION MATERIALS:
Brick
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HEAT:
Natural Gas
Listing Courtesy of Sinai Halberstam of eRealty Advisors, Inc (914.712.6330).
Location for 19 Hubbard Place, Brooklyn, NY
Schools
for 19 Hubbard Place, Brooklyn, NY
Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each
of the schools in our area.