Maureen Doherty
Licensed Salesperson
REALTOR®
MLS#1065814
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBrooklyn 18
Property Description
Calling All Investors, Developers, & End-Users!!! 8.35 Cap 7 Unit Apartment Building In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, R6 Zoning, High Ceilings, (3) 3 Br. Apartments, (3) 4 Br. Apartments, Basement, Private Driveway, 6 Parking Spaces, Rear Yard, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of East Flatbush 3 Blocks Off Linden Blvd.!!! The Property Is Situated Between Kings Theatre, The Brooklyn Museum, The Wyckoff House Museum & The Brooklyn Children's Museum!! The Property Has 30' Of Frontage On East 52nd Street!!! Neighbors Include Starbucks, UPS, CubeSmart Self Storage, Extra Space Storage, Public Storage, ShopRite, Staples, Michael's, Dunkin', Walgreens, Mavis Discount Tire, Shake Shack, McDonald's, Wendy's, Bojangles, Raising Cane's, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Apt. 1F (3 Br., 1 Bath): $30,000 Ann.; Lease Exp.: 11/30/26.Apt. 1R (4 Br., 1 Bath): $11,941.56 Ann.; Lease Exp.: 1/31/28. Apt. 2F (3 Br., 1 Bath): $18,930.96 Ann.; Lease Exp.: 1/31/27.Apt. 2R (4 Br., 1 Bath): $20,123.16 Ann.; Lease Exp.: 5/31/28.Apt. 3F (3 Br., 1 Bath): $34,200 Ann.; Lease Exp.: 4/30/27.Apt. 3R (4 Br., 1 Bath): $31,575 Ann.; Lease Exp.: 4/30/27.LL: $18,000 Ann. M-M. Gross Income: $164,770.68 Ann. Expenses: Electric: $8,546.13 Ann.Water & Sewer: $8,475.60 Ann. Insurance: $5,023.70 Ann. Taxes: $15,116 Ann. Total Expenses: $45,796.92 Ann.Net Operating Income (NOI): $118,973.76 Ann. (8.35% Cap!!!)
Property Features
Property Type: Commercial -
Cooling: Multi Units
Heating: Electric
Lot Size: 0.07 Acres
Taxes: $15,116
Year Built: 1930
Feature Descriptions
Building Area Total: 3652
Days on Site: 6
Exterior: Stone
On Market Date: 2026-10-23
Parcel Number: 04605-0034
Parking Features: Private
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Electricity Connected, See Remarks
Water: Public
Local Schools
School District: Brooklyn 18
Listed By / Shown By
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agent Name: Maureen Doherty
Agent Phone: (516) 451-1071
Agency Title: Coldwell Banker American Homes
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90 E 52nd Street, Unit 6 | MLS# 1065814
This commercial property located at 90 E 52nd Street, Unit 6, Brooklyn, NY 11203 is currently listed for sale with an asking price of $1,425,000. E 52nd Street, Unit 6 is located within the Brooklyn 18 school district. Search Brooklyn real estate on mdoherty.cbamhomes.com today.