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Courtesy of Keller Williams Valley Realty, Eidel Moses Listing Contact: 845-323-9308

For Sale

196 Lawrence Avenue

196 Lawrence Avenue, Brooklyn, NY 11230

$1,550,000

Excellent investment opportunity at 196 Lawrence Street! Recently renovated six unit property generating approximately $144,000 in annual income, with approximately $40,000 in annual expenses. Features a finished basement with walk-in access and windows. Well-maintained, income-producing property offering strong cash flow and excellent investment potential. A great opportunity for investors. New leases for 2 years in place
Ownerf iling to remove the DHCR and rent controll on the building
Air rights to add aditional floor and a half.

5,006 Sq.Ft. LIVING AREA

2,354 Sq.Ft. lot

Features & Amenities

Area & Lot

Status For Sale
Living Area5,006 Sq.Ft.
Total Area5,006 Sq.Ft.
Lot Area2,354 Sq.Ft.
MLS® ID1059104
TypeCommercial
YEAR BUILT1931
School DistrictBrooklyn 22

Exterior

water SourcePublic
utilitiesElectricity Connected, Natural Gas Connected, Water Connected
parkingNone
HEAT TYPESteam
AIR CONDITIONINGWall/Window Unit(s)
sewerPublic Sewer

Financial

Sales Price$1,550,000
Real Estate Tax $17,739/yr
Zoning R7A

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196 Lawrence Avenue

$1,550,000

Features & Amenities

Area & Lot

Exterior

Financial

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