Investment Opportunity: Vacant 10-Family House with Storefronts in Brooklyn
$3,500,000
- 13
- Bedrooms
- 10
- Bathrooms
- House
- Type
- 29 Aug 2026
- Listed
The Habio take
This well-maintained, fully vacant, three-storey property offers a prime investment opportunity in Brooklyn, New York. It includes 10 legal family units and two commercial storefronts, situated in a high-traffic area near various amenities.
- investment
- urban
- family
- city
Highlights
- Prime investment location
- Fully vacant with immediate rental potential
- High projected income and CAP rate
- Two commercial storefronts included
- Qualified for Opportunity Zone
Worth knowing
- Sold as-is condition may require further investment
- Potential for renovation or updates needed
Good fit for: Ideal for investors or developers looking for a high-potential property with multiple income streams.
Lifestyle scores
- Beach
- 0
- Walkable
- 85
- Remote work
- 60
- Family
- 70
- Retirement
- 50
- Airport access
- 70
- Investment
- 80
- Luxury
- 50
- Value
- 60
About this place
Located at the corner of Rogers Avenue and Avenue D in Brooklyn, this solid brick semi-attached house consists of 13 bedrooms, 10 bathrooms, and is fully vacant, offering great potential for investors. The property features a total of seven one-bedroom and three two-bedroom apartments, each equipped with a living room and eat-in kitchen. Additionally, it includes two vacant stores, each approximately 1,300 sq ft, ideal for generating consistent rental income.
The building has a total size of 26.83 ft by 102.5 ft, with a full basement and new gas boiler. Given its location in an Opportunity Zone, it offers significant upside potential. The projected monthly rent for the one-bedroom units is $2,000, while the two-bedroom apartments are estimated at $2,300, and the stores are expected to bring in $3,000 each. This could result in a projected gross annual income of approximately $322,800, making it a lucrative option for long-term investors or developers considering conversion into condominiums.
Conveniently located just a few steps away from public transport, shopping, restaurants, and other local amenities, this property benefits from high traffic and exposure, presenting a fantastic opportunity that shouldn’t be missed.
Where you’ll be
Brooklyn, NY, United States
Exact location is confirmed by the agent on enquiry.
Buying property in United States
Buying property in the United States involves engaging a real estate agent, making an offer, and completing several legal and financial steps. Additional costs include legal fees, title insurance, and possibly state-specific transfer taxes, which should be budgeted in addition to the price.
Real estate laws and regulations can vary significantly by state and locality, which affects documents and costs.
For accurate and up-to-date advice, consulting with local legal professionals and real estate experts is recommended.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser.
