Income Producing 5 unit Brownstone in Bed Stuy!
This stately four story Brownstone spans approximately 4,000 Sq. Ft. plus a full cellar. Situated on a lovely tree lined street, this home has just undergone a full renovation and has been completely modernized - including central heat and air!
The 2,000 Sq. Ft. triplex has a private garden entrance and spans three floors of glorious living space with four bedrooms and 3.5 bathrooms! The open concept kitchen has direct access to the private backyard, just in time for summer barbecues. Three spacious bedrooms are located on the upper level of the triplex, with a South East facing master bedroom that has an en-suite bathroom and a closet. A common bathroom is also located on this level. The cellar has open rec space that make a perfect entertainment room, lounge, or exercise room.
Four one-bedroom apartments are located on the 3rd and 4th floors of the home. These newly renovated apartments would rent for approximately $2,250 each.
As an investment property, this home would command approximately $168,000/year in rent. The separately metered units make it easy and affordable to use as an investment property as each tenant would be responsible for their own gas, electricity, and hot water.
Lot: 20x100
Built: 20x40
Units: 5
Stories: 4 + cellar
The house has a sprinkler system, separate electric and gas meters for each unit, and each apartment has its own hot water heater and boiler.
This landmarked, tree-lined block is right around the corner from the Nostrand Ave A and C trains and 3 blocks away from the Nostrand Ave LIRR train stop. Near the G train at Bedford – Nostrand and the S train at Franklin Ave. Accessible to many hot local hotspots including Le Paris Dakar, Peaches HotHouse, Bed-Vyne Brew and Bed-Vyne Cocktail, Sincerely Tommy, Saraghina and many more.
