Property Description for 136 East 52nd Street
Vacant Six-Family Value-Add Opportunity
Rare opportunity to acquire a fully vacant six-family building in the East Flatbush/Crown Heights border. The approximately 5,700 SF, three-story property sits on a 30' x 100' lot with a full basement featuring approximately 8-foot ceilings.
The current owner has already completed one of the most difficult aspects of repositioning a multifamily asset. All apartments have been delivered vacant through executed surrender agreements, allowing the next owner to immediately begin renovations without tenant relocation concerns. The building has been fully gutted and is being offered with architectural renovation plans and permit filings, providing a strong starting point for the next phase of redevelopment.
Ideal for investors seeking a blank canvas to renovate and reposition a classic Brooklyn multifamily property. Seller will clear existing liens and violations prior to closing.
Property Highlights:
-Six-family building
-Approximately 5,700 SF
-22' x 84' building on a 30' x 100' lot
-Full basement with approximately 8' ceilings
-R6 zoning
-Fully vacant
-Interior fully gutted
-Architectural plans and permit filings available
-Seller to clear liens and violations prior to closing
-Walkthrough videos available upon request