MLS#979243
STATUSActive
PROPERTY TYPECommercial -
Property Description
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 allows 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!
Property Features
Property Type: Commercial -
Basement: Common
Cooling: None
Heating: Natural Gas
Lot Size: 0.08 Acres
Stories: 4.0
Taxes: $51,779
Year Built: 1920
Feature Descriptions
Building Area Total: 11692
Days on Site: 51
Exterior: Brick
On Market Date: 2026-04-01
Parcel Number: 07808-0004
Parking Features: On Street
Rental Term: Monthly
Sewer: Public Sewer
Units: 16
Utilities: Natural Gas Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: eRealty Advisors, Inc
Agency Contact: 914-712-6330
Shown By
Agent Name: Linda Kyan
Agent Phone: (212) 518-3080
Agency Title: Coldwell Banker American Homes
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19 Hubbard Place | MLS# 979243
This commercial property located at 19 Hubbard Place, Brooklyn, NY 11210 is currently listed for sale with an asking price of $3,399,000. Search Brooklyn real estate on lindakyan.cbamhomes.com today.