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Perfect—here’s a clean, investor-focused description for that Canarsie property:
Turn-Key 24-Unit Investment Property in Canarsie, Brooklyn
An outstanding opportunity in the heart of Canarsie, Brooklyn—this well-maintained 24-unit brick building features all 2-bedroom, 2-bath apartments, ideal for steady rental demand. Tenants pay all utilities except water, with all-electric systems, eliminating the need for gas, boiler maintenance, or a compactor room.
The building includes:
Legal super’s unit
Accessory office in the basement with half bath
Additional storage rooms
No elevator = lower maintenance
421A Tax Abatement in place
Low operating expenses
With a NOI of $649,000 and a Net Cap Rate of 6.2%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of Brooklyn’s steadily growing neighborhoods.
| Listed | October 29, 2025 |
| Days on Market | 334 |
| Last Updated | October 30, 2025 |
Full public sale/price history isn't available through our listing feed for this property.
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Closed-sale data isn't available through our current listing feed for this neighborhood.




