Buy with Yoreevo
$2,352,000
List Price: $2,400,000
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1230 59th Street
House in Borough Park •  building info
8bd • 3ba • 2,003ft² $1,198 per ft²
Buy with Yoreevo

$2,352,000

List Price

$2,400,000

Key Details
Days on market
58
Last price change
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Estimated payment
$14,285/mo
Taxes
$632/mo
Maintenance
N/A
Description
Prime Investment Opportunity in Borough Park – 1230 59th Street, Brooklyn Situated in the heart of Brooklyn's thriving Borough Park neighborhood, this multi-family property at 1230 59th Street is a standout opportunity for savvy investors. With 3 income-generating units and the added advantage of being delivered vacant, this property offers maximum flexibility for customization and rental potential. Property Highlights: Delivered Vacant: A rare opportunity to set your own rents or renovate to your exact specifications without tenant constraints. Turnkey Potential: Well-maintained building with recent updates, ensuring low maintenance costs and a seamless path to generating income. Spacious Layouts: Each unit boasts functional floor plans with hardwood floors, high ceilings, and abundant natural light to attract quality tenants. Updated Features: Modern kitchens with stainless steel appliances and up to date bathrooms enhance tenant appeal. High Demand Location: Steps away from 13th Avenue’s shopping and dining area, with easy access to public transportation (D and N subway lines), making it a commuter’s dream. Outdoor Appeal: A private backyard adds value for tenants and potential for additional amenities. Why Invest Here? Borough Park is a vibrant and stable rental market, ensuring consistent demand year-round. With this property delivered vacant, investors have unparalleled flexibility to maximize rental income or reposition the property for even greater returns. This is a rare chance to capitalize on a high-demand area with strong appreciation potential. Contact us today to learn more about the financials and schedule a private showing.

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Home features
Hardwood floors
Building amenities
Services and facilities
Fios Available
Parking Available
Shared outdoor space
Garden
Building info

History
What it'll cost
Purchase price
$2,400,000
Asking Price: $2,400,000
Term
30 Years
Down Payment
$240,000 (10%)
Min: 10% (240,000)
Rate
6.5 %
Mortgage Amount
$2,160,000
Mortgage Payment
$13,653
Taxes
$632
Estimated Yoreevo rebate
$48,000
Estimated closing cost
$88,000
Total monthly cost $14,285
Buy your dream home with us and get an estimated $48,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of EXP Realty

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