741 Pennsylvania Ave Brooklyn, NY 11207

Multi-Family (2-4 Units) MLS #: 11432837 Courtesy Of 5 BORO REALTY CORP

$1,410,000

6 baths | 4,725 sq ft
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Est. Property Tax: $15,685
Estimated monthly payments: $7,471/mo.* (recalculate)

Property InformationDescription

Welcome to 741 Pennsylvania Ave, a prime six-unit residential building located in a vibrant and sought-after neighborhood. This fully occupied property presents a fantastic investment opportunity, generating a robust gross annual income of $140,136. Key Features: Fully Occupied: All six units are currently leased, ensuring immediate cash flow and a stable income stream for the new owner. Strong Income Potential: With a gross annual income of $140,136, this property offers an attractive return on investment, making it an ideal addition to any real estate portfolio. Diverse Unit Mix: The building features a well-balanced mix of unit sizes and layouts, catering to a variety of tenants and enhancing rental demand. Prime Location: Situated in a desirable area, 741 Pennsylvania Ave benefits from proximity to local amenities, public transportation, parks, and schools, making it an attractive option for renters. Well-Maintained: The property has been well cared for, with recent updates and maintenance ensuring a comfortable living environment for tenants. Investment Opportunity: Whether you are a seasoned investor or new to real estate, this property offers a solid foundation for long-term growth and profitability. Don't miss out on this exceptional opportunity to own a fully occupied, income-generating property in a thriving community. Contact us today for more information or to schedule a viewing!
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Features

  • Architecture Style: Other

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741 Pennsylvania Ave, Brooklyn, NY 11207
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School Information

741 Pennsylvania Ave, Brooklyn, NY 11207

Elementary School
Grades PK-5 | Public School
P.S. 213 NEW LOTS SCHOOL
Brooklyn, NY 11207
580 Hegeman Ave
718.­257.4034
Distance: 0.1 mi
School Rating
D-
Student:Teacher Ratio
11:1
Total Students
225
Middle School
Grades 6-8 | Public School
VAN SICLEN COMMUNITY MIDDLE SCHOOL
Brooklyn, NY 11207
800 Van Siclen Ave
718.­927.4701
Distance: 0.3 mi
School Rating
D
Student:Teacher Ratio
15:1
Total Students
288
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Collegiate Academy-math-personal Awa 0.1 mi Public 6-8 A+
Ps 36 0.2 mi Public PK-12
Ps 4 0.2 mi Public PK-5
Essence School 0.3 mi Public 6-8
Legacy School Of The Arts 0.3 mi Public 6-8 C
P.s. 190 Sheffield School 0.3 mi Public KG-5 B+
New District High School 0.3 mi Public 9-12
Achievement First Linden Charter School 0.3 mi Public KG-7 C
Achievement First East New York Charter School 0.3 mi Public KG-12 B+
P.s. 13 Roberto Clemente School 0.3 mi Public KG-5 C+
New Grace Center, Inc. 0.4 mi Private PK-8
P.s. 306 Ethan Allen School 0.4 mi Public KG-5 C-
Imagine Me Leadership Charter School 0.4 mi Public PK-8 B
The Fresh Creek School 0.4 mi Public PK-5 C+
Brooklyn Gardens Elementary School 0.5 mi Public KG-5 B
School Of The Future Brooklyn 0.5 mi Public 6-8 D+
Performing Arts And Technology High School 0.5 mi Public 9-12 B
Captain Vernon A Richards High School-fire 0.5 mi Public 9-12 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Brooklyn, NY 11207

Median Age: 36.7
Married: 27%
Number of Households: 33,603
Households with Children: 32.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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