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27998690
27998691

448 E 26th Street, Brooklyn, NY 11226

PM
10311207456
Matheos Realty Group
IT
10401321987, NY 10401321987
Matheos Realty Group
Listed by Matheos Realty Group
$2,400,000
221 days on market
Updated 119 days ago

12-Units in Prime Flatbush with High Legal Rents

Details
Property Type Multifamily
Sub Type Apartment Building

Multifamily

Marketing description

Matheos Realty Group is pleased to present the exclusive offering of 448 East 26th Street, a four-story multifamily

property located in the heart of Flatbush, Brooklyn. The building comprises 12 residential units, configured as three

spacious three-bedroom apartments and eight two-bedroom apartments and a very large one bedroom, totaling

10,000 square feet. The property is fully occupied and provides investors with a reliable stream of income

supported by rent-stabilized tenancy with very high legal rents. This combination offers both security of cash flow

and significant long-term upside as preferential rents can be brought closer in line with legal thresholds over time.

The property currently generates approximately $293,224 in gross income and $176,986 in net operating income.

Listing Contacts

PM
10311207456
Matheos Realty Group
IT
10401321987, NY 10401321987
Matheos Realty Group
Listed by Matheos Realty Group

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