Best oportunity to own a multifamily in Brooklyn.
192 Lawrence Avenue is a multifamily building Located in Kensington Brooklyn. This beautiful building provides approximately 2,968 square feet of space, and approximately 5,006 residential and average unit 834. All units boast high ceilings and have abundant natural light, open-plan kitchens and tiled bathrooms.
The six two bedrooms and all of the apartments have access to the spacious basement and backyard for bike storage. This multifamily represents an outstanding opportunity for an investor or owner-landlord and offer excellent capitalization rate, cash flow and return on investment.
This building is just a few steps from public transportation, and it is adjacent to Ocean Parkway Service Road. The subway is few blocks walk and there are numerous bus routes and many conveniences at reach.
Kensington is a neighborhood in the central portion of the New York City borough of Brooklyn, located south of Prospect Park and the Green-Wood Cemetery. It is bordered by Coney Island Avenue to the east, Fort Hamilton Parkway and Caton Avenue to the north, McDonald Avenue and 36th Street to the west, and 18th Avenue to the south.The neighborhoods that border Kensington and Parkville are Ditmas Park and Prospect Park South to the east (both of which are parts of Flatbush), Windsor Terrace to the north, Borough Park to the west, and Midwood to the south.
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Lot Square ft 2346 Residential Square ft 5006
Property class is C2
Zoning district R5, R7
School district 22