196 Lawrence Avenue, Kensington, Brooklyn, NY 11230

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Attention Investors! This is a 6 Family made up of all 4 Room, 2 Bedroom and 1 Bathroom Apartments. This is a Rent Stabilized Building. There are no Rent Controlled units. The Gross Operating Income Annually is currently $128,544. Annual Expenses are $30,982. The Net Operating Income Annually is currently $97,562. Cap Rate at asking price is 7.5% return on investment. This is an "As Is" Sale. Can be partially delivered vacant if under contract before 7/1/2023.