8906 Avenue L

New York NY 11236

972 sq. ft.

2500 sq. ft.

Duplex

Currently for sale - view listing

Overview

Exceptional investment opportunity in Canarsie. This newly constructed, two-family home offers immediate, reliable cash flow with $5,210 in monthly rental income from voucher-assisted tenants with steady payments. The property features a two-bedroom first-floor apartment rented for $2,900 per month and a one-bedroom second-floor apartment rented for $2,310 per month, generating $62,520 in annual gross rental income. The basement is currently vacant, providing additional storage or recreational space, subject to applicable laws and permitted use. Property highlights include modern kitchens and bathrooms, open-concept layouts, separate entrances, a private concrete driveway, and a large fenced yard. Conveniently located near shopping, restaurants, parks, public transportation, and major roadways. This is an excellent opportunity to acquire a stabilized, income-producing property with dependable rental income from day one.