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Investment Highlights

  • significant value-add opportunity for rent growth in a high-demand residential neighborhood
  • safe location, walking to transportation and parks
  • Steady cash flow
  • Great for INVESTORS
  • Great opportunity for a 1031 exchange!

Executive Summary

ATTN INVESTORS: 16 Units | Flatlands | 4 Vacant Units Massive 16-unit multifamily building for sale in Flatlands (Flatbush). This is the "value-add" opportunity you've been waiting for. A rare find for the strategic investor! Immediate Upside: 4 units delivered vacant at closing—ideal for rent growth. The Income: 12 stabilized units provide a strong, reliable cash flow. Prime Location: Walking distance to Kings Plaza, and major transit. This solid 16-unit brick building in Flatlands/ Flatbush offers the perfect blend of stable income and immediate upside. With four units delivered vacant, gives the new owner significant value-add opportunity for rent growth in a high-demand residential neighborhood. While the building is primarily rent-regulated, the delivery of 3–4 vacant units allows a rare "mark-to-market" opportunity in an otherwise "locked" market. Solid brick construction, updated mechanicals, and a clear path to increased NOI. Act fast—this will not last. Great opportunity for a 1031 exchange!

Property Facts

Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.08 AC
Building Size 11,972 SF
No. Stories 4
Year Built 1920
Zoning R5

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Oven
  • Sprinkler System
  • Range
  • Tub/Shower
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 - -
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
07808-0004
Land Assessment
$12,944 CAD
Improvements Assessment
$580,633 CAD
Total Assessment
$593,577 CAD
  • Listing ID: 40426381

  • Date on Market: 2026-05-06

  • Last Updated:

  • Address: 19 Hubbard Pl, Brooklyn, NY 11210

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