1727 E 14th St Brooklyn, NY 11229
Homecrest NeighborhoodEstimated payment $12,937/month
Highlights
- Wood Flooring
- 2-minute walk to Kings Highway (B,Q Line)
- Baseboard Heating
- P.S. 197 Kings Highway Academy (The) Rated A-
- Multiple cooling system units
- Heating System Uses Steam
About This Home
Prime Four-Family Income-Producing Property in Homecrest, Brooklyn – 5% CAP Rate!
Built in 1985 and ideally located just off Kings Highway in the desirable Homecrest neighborhood, this well-maintained four-family brick townhouse offers an excellent investment opportunity with strong cash flow and long-term growth potential.
Spanning approximately 5,250 square feet, the property features four spacious duplex units, each around 1,312 sq. ft. with three bedrooms, 1.5 bathrooms, and in-unit washer and dryer. All apartments are separately metered for gas and electric, with tenants paying their own utilities (except water).
Unit A: Rented for $2,800/month + utilities
Unit B: Projected rent $2,900/month + utilities
Unit C: Rented for $3,500/month + utilities
Owner’s Unit D: Projected rent $3,500/month – will be delivered vacant at closing
The building has been well cared for, featuring a new roof, updated kitchens, hardwood floors, and bright, open layouts with plenty of natural light throughout. Each unit has its own mechanical room, ensuring easy maintenance and privacy for tenants.
Financial Highlights:
Annual Taxes: $40,243
Net Operating Income: Approx. $110,000
Cap Rate: ~5%
Investment Highlights:
? Four large duplex apartments – excellent rental income potential
? Prime Homecrest location off Kings Highway
? Stable tenants and immediate cash flow
? Perfect for investors or owner-occupants
? Easy access to B & Q subway lines, express buses, and major retail corridors
Don’t miss this rare opportunity to own a solid, high-performing multifamily asset in one of Brooklyn’s most sought-after neighborhoods.
Contact us today to schedule a private showing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $39,000
Year Built
- Built in 1985
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 100 x 25
- Back Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 5,250 Sq Ft Home
- 3-Story Property
- Basement Cellar
- Stove
- Washer
Flooring
- Wood
- Carpet
- Ceramic Tile
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6797
Community Details
Building Details
- 4 Vacant Units
- Gross Income $147,600
- Net Operating Income $108,600
Additional Features
- 4 Units
- Secure Lobby
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2025 12/13/25 | Price Changed | $1,849,000 | -0.1% | $352 / Sq Ft |
| 10/25/2025 10/25/25 | For Sale | $1,850,000 | -- | $352 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 496882
APN: 06797-0082
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