Description
Presenting 192 Hale Avenue a solid three-family home with a bonus rear, offering a rare combination of immediate income and built-in upside in Brooklyn's Cypress Hills neighborhood. Set on a 23 x 100 lot with approximately 3,072 sq. ft. of building space across three stories (built 1901), this is exactly the kind of well-positioned multifamily that today's investors and owner-occupants are searching for. The unit mix is the story here. The first-floor two-bedroom will be delivered vacant at closing move-in ready for an owner-occupant or open for an incoming tenant at market rent. The second- and third-floor three-bedroom units are occupied by long-term, stable tenants (18 years in place), currently generating $1,751.28 and $2,004.15 per month respectively predictable income today with a clear horizon for repositioning down the road. The full, unfinished basement has already been excavated to roughly seven feet with two exterior entrances (front and rear) the heavy lifting is done for a buyer looking to add value below grade. Location is a genuine advantage. The J train, Highland Park, the Jackie Robinson Parkway, and a full range of neighborhood conveniences are all close at hand, with Manhattan well within commuting reach. Zoned R5B on a residential block in a neighborhood drawing steady attention all type of buyers, 192 Hale Avenue is a flexible, income-producing entry point into Brooklyn ownership.
Details
| MLS # | 1013148 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1901 |
| Days On Site | 85 |
| Listing Provided By | EXP Realty | Philip Ross SRS |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,072 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.05 |
Interior
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Interior Features | First Floor Bedroom |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
Utilities
| Utilities | Electricity Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 54540 |
| Tax Annual Amount | 5477.68 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11208 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11208) | |
Price: $1,149,888 low | high Med: $899,000 sqft: 3,072 low | high Med: 2,080 $ / sqft: $374 low | high Med: $432 On site: 85 low | high Med: 87 | |
Market Activity 11208
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11208 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11208) | |
Price: $1,149,888 low | high Med: $899,000 sqft: 3,072 low | high Med: 2,080 $ / sqft: $374 low | high Med: $432 On site: 85 low | high Med: 87 | |
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