Great investment opportunity!
This rent-stabilized 8-family property is ideally located and offers strong cash flow. The front building features 6 units, while the rear building has 2 additional units, including duplex and 3-bedroom layouts.
Between the two buildings is a shared common area, adding to the appeal for tenants. With nearly $200,000 in gross annual income and low operating expenses, this property delivers a cap rate of over 7%. A rare chance for investors seeking steady income and long-term value. The entire building will be delivered fully occupied.
Active
$2,195,000
123 Troutman St, Brooklyn, NY 11206
17beds
--sqft
Building
Built in 1931
-- sqft lot
$2,241,800 Zestimate®
$--/sqft
$-- HOA
What's special
Shared common area
- 8 days
- on Zillow |
- 105 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: June 13, 2025 at 10:01am
Listing by:
Real Estate Leonard LLC 917-419-2461,
Zachi Koren
Source: StreetEasy,MLS#: S1775514
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 9
- Full bathrooms: 9
Interior area
- Total structure area: 0
Property
Features
- Patio & porch: Other
- Exterior features: Garden
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Building
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Bushwick
HOA
- Services included: Maintenance
Location
- Region: Brooklyn
Financial & listing details
- Date on market: 6/13/2025
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