571 New Lots Ave

Welcome to New Lots Avenue in East New York. We are proud to present this all brick 6 Family investment property consisting of 5 one bedroom apartments, and 1 studio apartment. The building is well maintained and also offers a full basement with plenty of storage space. There are currently 2 vacancies, and the other 4 apartments do not have leases. There can be an immediate increase in income and there is plenty of upside potential in this building for the next owner. Current rent roll is approximately $45K with roughly $12k in expenses. The building is ideally located on the B15 bus line, only 1 block to the 2, 3, and 4 trains, and close to shopping and restaurants located close by on Linden Blvd and Pennsylvania Avenue.