The property at 50 Avenue V, Brooklyn, is a multi-family building with three units, totaling 3,876 sqft. Based on the neighborhood's median listing price, the estimated rent per unit could range from $2,500 to $3,500 monthly. This suggests potential monthly revenue between $7.5K to $10.5K. Given the current valuation of $1.25M, the estimated payback period is roughly 10-14 years, depending on expenses and market stability. Southern Brooklyn exhibits stable demand, with steady appreciation trends. However, the property's age poses potential maintenance challenges.
To maximize rental income, consider modernizing the units with contemporary finishes and energy-efficient fixtures, which could justify higher rent. For sellers, highlighting the property's solid location and potential for unit upgrades can appeal to investors. Emphasizing proximity to transit and local amenities is key. Addressing any significant maintenance issues upfront will also enhance appeal and potentially increase the sale price.