780 Livonia Ave Brooklyn, NY 11207
East New York NeighborhoodEstimated payment $10,522/month
Highlights
- Wood Flooring
- 1-minute walk to Van Siclen Avenue (3,4 Line)
- 1-minute walk to Sankofa Park
- Baseboard Heating
- Back Yard
About This Home
Enter into your next investment with a clean, modern 8-unit walk-up in the East New York section of Brooklyn. This solid brick building features seven one-bedroom apartments and one studio, delivering a strong 7.2% cap rate with minimal maintenance. The property sits on a 2,400 SF lot, spans 5,205 SF across four floors, and is zoned R6, b ideal for steady income and long-term appreciation. Investors can also purchase the identical next-door building at 778 Livonia Avenue, creating a rare 16-unit portfolio opportunity in one of Brooklyn’s fastest growing neighborhoods. The location is just minutes from the Van Siclen Avenue 3 train subway station, and within easy reach of the New Lots of Avenue 3 train, Junius Street 3 train, and Pennsylvania Avenue 3 train stations. Multiple bus lines are also within a short distance, including the B14, B15, B60, and B83, connecting residents throughout Brooklyn and to key transit hubs. With strong in place cash flow, excellent transit access, and the option to scale, this is a smart, high performing asset in a high demand rental market. Whether you’re completing a 1031 exchange, expanding your portfolio, or entering NYC’s investment landscape with scale this opportunity delivers on all fronts.
Don’t Miss This RARE, high-yield acquisition in one of New York City’s most undervalued multifamily markets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $222
Year Built
- Built in 2016
Lot Details
- 2,399 Sq Ft Lot
- Lot Dimensions are 100 x 24
- Back Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 5,492 Sq Ft Home
- 4-Story Property
- Partial Basement
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 4088
Community Details
Overview
- 8 Units
Building Details
- Insurance Expense $8,000
- Utility Expense $1,098
- Gross Income $173,400
- Net Operating Income $144,053
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | For Sale | $1,988,888 | -- | $362 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 494546

APN: 04088-0020
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