778-780 Livonia Avenue Introducing 778-780 Livonia Avenue, two fully occupied 8-unit multifamily buildings in East New York, Brooklyn. Built in 2016 and located just one minute from the Van Siclen Avenue (3 Train), the property consists of 14 one-bedroom apartments and 2 studios featuring modern layouts and efficient construction. Tenants pay their own heat, contributing to a controlled expense profile and strong in-place cash flow. The buildings are fully rent stabilized and benefit from a 421a tax abatement through 2031, while also being protected under Tax Class 2B. Annual taxes are just $489, providing exceptional operating leverage and predictable long- term tax treatment. With a current NOI of $300, 263, the property is offered at $3, 700, 000, representing an 8.1% cap rate and $231, 250 per unit. The offering provides investors with a stabilized, post-2008 construction asset delivering durable income, minimal near-term capital exposure, and long-term tax certainty in a transit-oriented Brooklyn location.