193 Targee Street

New York NY 10304

2010 sq. ft.

5000 sq. ft.

Duplex

Currently for sale - view listing

Overview

Exceptional Stapleton Investment Opportunity An investor's dream with an impressive 11.7 CAP Rate! This exceptional two-family property in the heart of Stapleton offers a rare combination of strong rental income, versatility, and valuable additional space. The property features a renovated 2-bedroom apartment on the first floor and an expansive 4-bedroom duplex, providing an ideal setup for maximizing rental potential. Adding even more value is the detached 5-car garage, offering tremendous flexibility for parking, storage, or additional income potential. Opportunities combining multiple residential units with a substantial detached garage are truly hard to find. For investors looking to expand their portfolio, this property can also be purchased as a package with the neighboring property at 191 Targee Street, a two-family home configured as a 2-bedroom over a 2-bedroom. The seller prefers a package sale, creating an exciting opportunity to acquire multiple income-producing properties side by side and maximize the potential of this prime Stapleton location. With an 11.7 CAP Rate and the opportunity to acquire the adjacent property, this is a compelling offering for investors seeking immediate income and long-term upside. A rare chance to build a substantial investment position in Stapleton—don't miss it!