
Listed by Stonegate Real Estate
$1,700,000
542 Bergen Street
Details
APN 01143-0042
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
NOI $37,692
Year Built 1931
Acreage 0.075
Zoning R6B
Multifamily | 6 Units
Marketing description
542 Bergen Street, a rare six-unit multifamily opportunity located in the heart of Prospect Heights, Brooklyn. This handsome property spans 5,652 square feet on a 25' x 131' lot and features six well-proportioned three-bedroom, one-bathroom apartments. Each unit is separately metered for gas and electric, providing convenience and efficiency for both ownership and tenants.
The building has been meticulously maintained, boasting a newly replaced roof (2023), a reliable boiler and hot water heater, and a full basement with utilities. Modern conveniences include a comprehensive security camera system with eight cameras throughout. At the rear, residents enjoy a spacious shared yard, an increasingly rare amenity in this neighborhood, perfect for relaxation and gatherings.
?Set in vibrant Prospect Heights, this property offers the perfect blend of historic charm and modern city living. Just minutes from Barclays Center, residents are surrounded by a dynamic mix of world-class restaurants, trendy cafés, boutique shops, and cultural landmarks. The neighborhood is also known for its tree-lined blocks, stunning brownstones, and welcoming community atmosphere. With excellent subway access nearby, commuting to Manhattan and other parts of Brooklyn is effortless.
Listing Contacts

Listed by Stonegate Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,692.00
$3,141.00/mo
Valuation Metrics
0
DSCR
2.22%
Cap Rate
2.22%
ROI
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