Description

MULTI-Family in HISTORIC BROOKLYN HEIGHTS This 6 unit, 4 story walk-up townhouse offers a large 6,516 square feet of residential space in a 20 ft wide building. Built in the 1860s this property has kept it's old world charm while answering the demands of today's tenants with refreshing renovations that include modern kitchens, stainless appliances, stylish marble baths and the occasional in-unit W/D. Currently Configured with (1) 3BR/2b duplex, (1) 3BR/1b apartment, (1) 2BR/1b apartment, (2) 1BR/1b apartments, and 1 rent stabilized apartment, this quintessential Brooklyn Height's property offers buyers a wonderful opportunity for realizing strong income now with promising prospects for appreciation, at a price of only $1,100 per sf. New Owners may decide to keep the property as a full rental building. Please call to discuss options to de-stabilize. Alternatively, Owners may choose to live in one unit while keeping the additional apartments as rental units, creating for themselves an income producing scenario which can cover expenses including the mortgage. Additionally, Owners may choose to re-configure the building into a single family home. Whether for the near or long term, the ground-floor duplex makes an excellent choice as an owner's residence. On a lot that's over 100' deep, it enjoys a tremendous sized back yard and with its coffered styled ceiling, original fireplaces and late 1800's wood paneling, suggests that many ownership choices are possible. Choosing to hold for the long term means owners will benefit from the market appreciating. Meanwhile, no matter what the length of ownership, tenants in the other free-market apartments pay for their own heat, thereby enabling Owner/investors to continually enjoy solid income with minimum expenses. In a prime location, on a quiet tree-lined street and nestled in between the area's notable promenade and Historical Society, this Brooklyn Heights townhouse presents a timeless opportunity for owners and investors alike! Just one block from fashionable shopping on Montague Street, this is historic Brooklyn Heights. R,2,3,4,5 trains less than 500' away. A,C,F,R trains also near-by. Showings by appt. Call Today!