568 Drew StreetBrooklyn, NY 11208

Description

**– Income-Producing Property (Subject to Court Approval)** Strong value-add opportunity for a multi-unit asset with upside potential. Ideal for buy-and-hold, rental optimization, or portfolio expansion. All property details are subject to independent verification by the buyer and their representative. **Sale is contingent upon third-party court approval (not a short sale).** **Property Layout:** ACCESS TO ALL UNITS**** * **1st Floor – Apt 1F:** 2 bedrooms, living room/kitchen combination, full bathroom * **1st Floor – Apt 1B:** 2 bedrooms, living room, kitchen, full bathroom * **2nd Floor:** 4 bedrooms, living room, dining room, kitchen, full bathroom **Investment Highlights:** * Multi-unit configuration with strong rental potential * Full finished basement – additional usable space * Shared driveway access * Detached 2-car garage (roof replaced in 2021) * Opportunity to increase rents and maximize NOI **Showing Instructions (Strictly Enforced):** * Do not approach or question tenants under any circumstances * All inquiries must be directed to the listing broker * Buyers must be accompanied by their agent—no exceptions * All visitors must sign in prior to entry * Shoes must be removed when entering the 1st and 2nd floors **Important:** Any attempt to bypass listing procedures or contact tenants directly may result in denied access and reporting to MLS. Serious, Proof of funds recommended with all offers.

Property Information

Property type

Residential Income

Sub-type

Duplex

Style

Row Dwelling

Year built

1930

Building area

2,500 Sq Ft

Lot size

2,248 Sq Ft

Lot dimensions

20x58

Garage spaces

2

Parking spaces

2

Days on market

424

MLS^® Listing#

896346

Property Features

Interior

Open Floorplan · Storage

Cooling

None

Heating

Forced Air

Flooring

Ceramic Tile

Fireplace

None

Basement

Partially Finished

Parking

Shared Driveway

Patio

None

Fencing

Brick

Lot features

Back Yard · Near Public Transit

Construction

Frame

Windows

Double Pane Windows

Utilities

Natural Gas Available · Electricity Available · Electricity Connected · Natural Gas Connected · Sewer Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

East New York Elementary-Excellence

Middle

East New York Middle Sch-Excellence

High

Brooklyn School For Math And Research (The)

Financial Details

Annual taxes

$5,811

Parcel number

3-04225-0030

Directions

From Jackie Robinson PKWY: https://www.google.com/maps/dir/Jackie+Robinson+Pkwy,+Brooklyn,+NY/568+Drew+St,+Brooklyn,+NY+11208/@40.6878566,-73.88419,14z/data=!3m1!4b1!4m14!4m13!1m5!1m1!1s0x89c25c497506fc91:0x4179d3ae2861c54d!2m2!1d-73.868943!2d40.6987877!1m5!1m1!1s0x89c25d951b0fb65d:0xa085d483320d05bf!2m2!1d-73.8630061!2d40.6769631!3e0?entry=ttu&g_ep=EgoyMDI1MDcyOS4wIKXMDSoASAFQAw%3D%3D FROM BELTPARKWAY: https://www.google.com/maps/dir/Belt+Pkwy,+New+York,+NY/568+Drew+St,+Brooklyn,+NY+11208/@40.6536195,-73.9048728,13z/data=!3m1!4b1!4m14!4m13!1m5!1m1!1s0x89c25d266fdd8787:0xfbeb75080c77281f!2m2!1d-73.8825653!2d40.6331001!1m5!1m1!1s0x89c25d951b0fb65d:0xa085d483320d05bf!2m2!1d-73.8630061!2d40.6769631!3e0?entry=ttu&g_ep=EgoyMDI1MDcyOS4wIKXMDSoASAFQAw%3D%3D

• SEP29Tuesday, Sep 2912:00–2:00 PMAdd to calendar