137 Nelson Street, Brooklyn, NY 11231

$6,195,000
Active for Sale
 
Listing ID 11716134
Property Type Commercial Building
County Kings
Neighborhood Carroll Gardens
FEMA Flood Map fema.gov/portal
   
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Looking for your next prime investment with minimal headache? A rare opportunity to acquire a fully renovated original brick, 8-unit free-market asset in one of Brooklyn s most desirable neighborhoods. 137 Nelson St underwent a full gut renovation to condo-level specifications and has since been held as a rental with professional management and excellent tenant retention. Each unit features modern finishes, stainless steel appliances, in-unit laundry, and efficient layouts designed for long-term rental performance. With extremely low maintenance and real estate taxes compared to similar investment assets, the property delivers robust in-place cash flow with upside through pro forma rent adjustments as leases roll over in 2026. Located in a high-demand submarket with consistent rental velocity, this offering is ideal for investors seeking a low-risk, high-yield asset with long-term appreciation potential. Bonus depreciation and accelerated cost recovery strategies further enhance after-tax returns for qualified buyers (consult CPA) Contact me for a full property set up
Property Details
  • 8 Full Baths
  • 6000 SF (AG)
  • Available 4/13/2026
Exterior Features
  • City View
Community Details
  • Low-rise (Bldg. Style)
Commercial Info
  • % Cap. Rate
Listed By
FIND Real Estate
Office: 212-300-6412
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