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229 65th St
Brooklyn, NY 11220
Multifamily Property For Sale · 5 Units

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Executive Summary

SUNSET PARK SOLID BRICK SEMI-DETACHED 5 FAMILY + STORE/OFFICE MIXED USE BUILDING(FREE MARKET RENTS) + SHARED DRIVEWAY + 2 PRIVATE GARAGES FOR CONVENIENT PARKING OR EXTRA RENTAL INCOME- IDEALLY SITUATED IN A MOST DESIRABLE LOCATION ON THE SUNSET PARK/BAY RIDGE BORDER... A TRULY INCREDIBLE INVESTMENT OPPORTUNITY WITH ULTRA-HIGH RENTAL INCOME, AND MORE POTENTIAL UPSIDE... THIS PRIME PROPERTY IS CURRENTLY SETUP AS: TWO (3) BEDROOM APARTMENTS + THREE (2) BEDROOM APARTMENTS + STOREFRONT/OFFICE SPACE + FULL BASEMENT WITH SEPARATE ENTRANCE + 2 PARKING GARAGES, ON A 25x100 LOT SIZE... DON'T MISS OUT ON THIS OUTSTANDING OPPORTUNITY TO OWN A PRIZED PIECE OF REAL ESTATE IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS...

Property Facts

Price Per Unit $428,420 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 3,600 SF
Average Occupancy 80%
No. Stories 3
Year Built 1930
Opportunity Zone Yes
Zoning M1-1

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

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

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - -

Property Taxes

Property Taxes

Parcel Number
05816-0065
Land Assessment
$62,443 CAD
Improvements Assessment
$369,662 CAD
Total Assessment
$432,105 CAD
  • Listing ID: 38971318

  • Date on Market: 2026-01-05

  • Last Updated:

  • Address: 229 65th St, Brooklyn, NY 11220

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