731-729 E 32nd St

Turnkey Brooklyn Multifamily Portfolio: Two adjacent, newly constructed (2021) four-story walk-up buildings in East Flatbush, comprising 12 beautifully appointed apartments totaling 9,720 SF.

Strong Yield & High Asset Efficiency: 100% occupied with an in-place NOI of $376,676. Offered at a $6,000,000 asking price, representing an attractive 7.0% going-in cap rate, a 13.6x gross rent multiple, and a highly competitive $617 per square foot basis.

Highly Favorable Regulatory Profile: Ideal unit mix of ten 1-bedroom and two 2-bedroom layouts, featuring an advantageous split of eight free-market and four rent-stabilized units.

Insulated Revenue Stream: Predictable income mix driven by approximately 70% free-market revenue for immediate growth potential, balanced by 30% stable rent-stabilized cash flow.

Premium Construction & Design: Features 2021 luxury-tier interiors boasting spacious, high-ceiling layouts that maximize building depth and appeal to top-tier urban renters.