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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 | Building Class | C |
| No. Units | 16 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 11,972 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Zoning | R5 | ||
| 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 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 07808-0004 | Improvements Assessment | $580,633 CAD |
| Land Assessment | $12,944 CAD | Total Assessment | $593,577 CAD |
Property Taxes
Parcel Number
07808-0004
Land Assessment
$12,944 CAD
Improvements Assessment
$580,633 CAD
Total Assessment
$593,577 CAD
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19 Hubbard Pl
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