$2,650,000

728A Rogers Ave UNIT 7 Brooklyn, NY 11226

Bedrooms

Bathrooms

acres

2011

Year Built

Multi Family

Property Type

Special Offer:

(If you do not have an agent and work directly with the listing agent)

No

About This Home

728A Rogers Avenue, Flatbush, Brooklyn, NY 11226 Mendy Realty Inc. is proud to present 728A Rogers Avenue, a turn-key, 7-unit multifamily investment opportunity in the heart of Flatbush, Brooklyn. Built in 2011, this property is a rare find, featuring a 100% free-market unit mix in a modern, stabilized asset. It is an ideal fit for 1031 exchange buyers or investors seeking high-yield, low-maintenance residential real estate with no rent-regulation restrictions. The property currently benefits from an active 421-a Tax Abatement, providing a significant shield against operating expenses and boosting the net bottom line. With modern finishes, spacious layouts (including two duplex units), and a prime location just blocks from Prospect Park, the building stays consistently occupied with high-quality tenancy. Investment Summary: Asking Price: $2,650,000 Asset Status: 100% Free Market (No Rent Stabilization) Total Bedrooms: 9 Total Bathrooms: 8 In-Place NOI: $153,413 Cap Rate: 5.79% Total Gross Annual Income: $195,560 Total Annual Expenses: Approximately $42,147 Tax Benefits: Active 421-a Tax Abatement Property Features: Construction Year: 2011 (Modern Walk-up) Building Size: Approximately 6,009 SF Unit Mix: 7 Total Units Unit 1A: 3-Bedroom / 2-Bathroom Duplex Units 2A, 2B, 3A, 3B, 4A: Five 1-Bedroom / 1-Bathroom Units Unit 4B: 1-Bedroom / 1-Bathroom Duplex Zoning: R7-1 Tax Class: 2B Location & Connectivity: Transit: 2-minute walk to the Winthrop St (2/5) subway station. Green Space: 3 blocks from Prospect Park. Nearby Hubs: Immediate proximity to SUNY Downstate Medical Center and Kings County Hospital, ensuring steady professional rental demand. Neighborhood: Located in the direct path of development moving south from Crown Heights, surrounded by several newly completed luxury developments. Contact Exclusive Broker: Mendy Lipsker Broker of Record, Mendy Realty Inc