728A ROGERS AVENUE · #7-UNITS
Description
728A Rogers Avenue, Flatbush, Brooklyn, NY 11226 Mendy Realty Inc. is proud to present 728A Rogers Avenue, a turn-key, 7-unit multifamily investment opportunity in the heart of Flatbush, Brooklyn. Built in 2011, this property is a rare find, featuring a highly desirable unit mix in a modern, stabilized asset. It is an ideal fit for 1031 exchange buyers or investors seeking high-yield, low-maintenance residential real estate with no rent-regulation restrictions. The property currently benefits from an active 421-a Tax Abatement, providing a significant shield against operating expenses and boosting the net bottom line. With modern finishes, spacious layouts (including two duplex units), and a prime location just blocks from Prospect Park, the building stays consistently occupied with high-quality tenancy. Investment Summary Asking Price: $2,550,000 Asset Status: No Rent Stabilization Total Bedrooms: 9 Total Bathrooms: 8 In-Place NOI: $153,413 Cap Rate: 5.79% Total Gross Annual Income: $195,560 Total Annual Expenses: Approximately $42,147 Tax Benefits: Active 421-a Tax Abatement Property Features Construction Year: 2011 (Modern Walk-up) Building Size: Approximately 6,009 SF Unit Mix: 7 Total Units (One 3-Bed/2-Bath duplex, five 1-Bed/1-Bath units, and one 1-Bed/1-Bath duplex) Zoning: R7-1 Tax Class: 2B Location & Connectivity Transit: 2-minute walk to the Winthrop St (2/5) subway station. Green Space: 3 blocks from Prospect Park. Nearby Hubs: Immediate proximity to SUNY Downstate Medical Center and Kings County Hospital, ensuring steady professional rental demand. Neighborhood: Located in the direct path of development moving south from Crown Heights, surrounded by several newly completed luxury developments. Contact Exclusive Broker: Mendy Lipsker, Broker of Record, Mendy Realty Inc.
Price history
Every list / cut / contract / sold event we've recorded.
- price decreaseFeb 18, 2026$2.55M-3.8%Price decreased 4%
- listedJan 1, 2026$2.65MListed by Mendy Realty Inc
In-building transactions
Every recorded deed (incl. private + sponsor) for this BBL - actual prices paid.
Open violations + recent permits
DOB / HPD signals for this BBL.
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Jun 13, 2025
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Nov 29, 2024
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Apr 17, 2024
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Nov 21, 2023
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Mar 31, 2023
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Nov 10, 2022
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Mar 10, 2022
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Mar 10, 2022
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Apr 20, 2021
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Nov 4, 2019
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Oct 26, 2018
- PL-JOHNNY'S P&H CONTRAC INC
- SP-JOHNNY'S P&H CONT. INC
- EQ-A-1 PREMIER SCAFFOLDING L
- OT-MRM DEVELOPMENT CORP
- EQ-MRM DEVELOPMENT CORP
- EQ-MRM DEVELOPMENT CORP
- FO-MRM DEVELOPMENT CORP
- FO-MRM DEVELOPMENT CORP