568 Drew Street, Brooklyn, NY 11208

$1,180,000
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Active
BEDS8 BATHS3 full MLS#896346
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBrooklyn 32

Property Description

**- Income-Producing Property (Subject to Court Approval)**Strong value-add opportunity for a multi-unit asset with upside potential. Ideal for buy-and-hold, rental optimization, or portfolio expansion.All property details are subject to independent verification by the buyer and their representative.**Sale is contingent upon third-party court approval (not a short sale).****Property Layout:*** **1st Floor - Apt 1F:** 2 bedrooms, living room/kitchen combination, full bathroom* **1st Floor - Apt 1B:** 2 bedrooms, living room, kitchen, full bathroom* **2nd Floor:** 4 bedrooms, living room, dining room, kitchen, full bathroom**Investment Highlights:*** Multi-unit configuration with strong rental potential* Full finished basement - additional usable space* Shared driveway access* Detached 2-car garage (roof replaced in 2021)* Opportunity to increase rents and maximize NOI**Showing Instructions (Strictly Enforced):*** Do not approach or question tenants under any circumstances* All inquiries must be directed to the listing broker* Buyers must be accompanied by their agent-no exceptions* All visitors must sign in prior to entry* Shoes must be removed when entering the 1st and 2nd floors**Important:**Any attempt to bypass listing procedures or contact tenants directly may result in denied access and reporting to MLS.Serious, Proof of funds recommended with all offers.

568 Drew Street | MLS# 896346

This multi-family property located at 568 Drew Street, Brooklyn, NY 11208 is currently listed for sale with an asking price of $1,180,000. Drew Street is located within the Brooklyn 32 school district. Search Brooklyn real estate on www.cbamhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partially Finished
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.05 Acres
Taxes: $5,811
Year Built: 1930

Amenities

Open Floorplan
Storage

Feature Descriptions

Association Amenities: None
Building Area Total: 2500
Days on Site: 297
Exterior: Frame
Fencing: Brick
Fireplace Features: None
Flooring: Ceramic Tile
GarageY/N: Yes
Heating Units: 1
Heating Zones: 1
House Faces: East
Lot Dimensions: 20x58
Lot Features: Back Yard, Near Public Transit, Near School, Near Shops
On Market Date: 2025-08-01
Parcel Number: 3-04225-0030
Parking Features: Shared Driveway
Parking Total: 2
Patio And Porch: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 20
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Trash Collection Public
Water: Public
Window Features: Double Pane Windows

Local Schools

High School: Brooklyn School For Math And Research (The)
Middle School: East New York Middle Sch-Excellence
Elementary School: East New York Elementary-Excellence
School District: Brooklyn 32

Estimate Your Payment

Estimated Payment

$ 6,795.14 per month $5,966.72 Principal & Interest $484.25 Property Tax $344.17 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Prime Place Realty
Agency Contact: 718-480-8280

Shown By

Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443

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