464 Quincy St, Brooklyn, NY 11221

Property Description

Fully Occupied Legal Four-Family | $10,700 Monthly Rental Income | Certificate of Occupancy on File464 Quincy Street is a cash-producing investment property generating $128,400 in annual gross rental income, with projected market rents of approximately $158,400 annually. This legal four-family townhouse has a Certificate of Occupancy on file and is offered fully occupied with all tenants on month-to-month tenancies.Situated on a beautiful tree-lined block in Bedford-Stuyvesant, the property spans approximately 3,300 square feet, offering investors established rental income from day one and potential for long-term rental growth. Current income and projected market rents are presented separately, allowing buyers to evaluate both the existing operation and future upside.All four apartments are occupied, making this an opportunity to acquire an operating rental asset with an established tenant base. The month-to-month tenancy structure offers flexibility in future lease planning, subject to applicable laws and tenant rights.Delivered with tenants in place. Income and expense sheets are available upon request. Contact us for financial details and to arrange a viewing.