Date
Details
Price
Change
Source
10/07/2026
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,550,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 196 Lawrence Ave
General
- Price: $1,550,000
- Taxes: $17,739
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1059104
- Updated: 10/7/2026
- Added to Site: 3 day(s) ago
Parking
- Parking Features: None
Location
- County: Kings (Brooklyn)
School Information
- High School District: Brooklyn 22
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Steam
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access
- Building Size: 5006
- Square Feet: 5,006
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.054
- Lot Size (Sq. Ft.): 2,354
- Zoning: R7A
Financial Considerations
- Tax Amount: $17,739.4
Disclosures and Reports
- Special Conditions: None
- Property ID: 05423-0041
Listed by Keller Williams Valley Realty
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Listing agent
— 196 Lawrence Ave —
Keller Williams Valley Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 196 Lawrence Ave
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 134 4001 18th Avenue, Brooklyn, NY 11218 | K-5 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 196 Lawrence Ave
Estimate the Cost
Estimate the Cost for 196 Lawrence Ave
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196 Lawrence Avenue, Brooklyn, NY 11230 (MLS# 1059104) is a Commercial property. 196 Lawrence Avenue is currently listed for $1,550,000 and was received on October 07, 2026. Want to learn more about 196 Lawrence Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.