Sumpter

Rare 6-Unit Investment Package — Two Adjacent 3-Family Buildings — 7.2% CAP 385 & 387 Sumpter Street, Brooklyn, NY — Two Fully Occupied 3-Family Buildings Rare opportunity to acquire two neighboring three-family properties at 385 & 387 Sumpter Street, offering a total of 6 fully occupied free-market apartments with no rent-stabilized units. This is a strong income-producing investment with excellent current cash flow. The properties generate a combined gross annual income of $238,200, with combined annual expenses of approximately $38,327, producing an impressive NOI of $199,873 and a 7.2% CAP rate. Both constructed in 2007, features exceptionally spacious apartments of approximately 1,300 SF per floor, with hardwood floors, large kitchens, oversized windows, and generous layouts. The first-floor apartment includes access to a large finished basement with a half bath and private backyard access. Upper floors feature spacious residential layouts, and the property includes shared roof access. With six free-market units, full occupancy, strong existing income, and two adjacent properties being sold together, this is an excellent opportunity for an investor looking to acquire a substantial Brooklyn multifamily portfolio in one location. Combined Financials: Gross Income $238,200 | Expenses $38,327 | NOI $199,873 | CAP Rate: 7.2%