Multi Family
196 Lawrence Avenue
Active · Kings (Brooklyn), NY 11230
- Year built
- 1931
- Est. monthly taxes
- $1,478.28
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About this home
Excellent investment opportunity at 196 Lawrence Street! Recently renovated six unit property generating approximately $144,000 in annual income, with approximately $40,000 in annual expenses. Features a finished basement with walk-in access and windows. Well-maintained, income-producing property offering strong cash flow and excellent investment potential. A great opportunity for investors. New leases for 2 years in place Ownerf iling to remove the DHCR and rent controll on the building Air rights to add aditional floor and a half.
Listing snapshot
- Days on site
- 21 days
- Listed on MLS
- Oct 7, 2026
- Annual property tax (MLS)
- $17,739.4
- Tax year
- 2026
- Listing brokerage
- Keller Williams Valley Realty
- MLS ID
- KEY1059104
- Last updated
- Oct 7, 2026
General features
- Property type
- Multi Family
- Year built
- 1931
- Parking
- None
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Natural Gas Connected, Water Connected
Interior features
- Basement
- Finished, Walk-Out Access
- Heating
- Steam
- Cooling
- Wall/Window Unit(s)
Exterior features
- Construction materials
- Brick
Schools (MLS)
- Elementary school district
- Brooklyn 22
- Middle school district
- Brooklyn 22
- High school district
- Brooklyn 22
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.