Price
$1,150,00
Property Description
A 20’ wide 2-unit two story building. The first floor is a three bedroom floor-through garden apartment. The second floor is a three-bedroom floor-through apartment. The units have 10’ ceilings and get great sunlight. The units are individually metered for cooking gas and electric. All the meters are in the basement.
The property is a prime investment opportunity, an investor can renovate the apartments and rent them at fair market value. The units can each have their own boiler and water heater. The first floor unit can be duplexed with the basement, which would it more value.
The property is also a great user opportunity, a user can convert the first floor into a three bedroom floor- through duplex apartment and rent out the upper floor for income. The building is close to Nostrand & NewKirk Avenue and has access to the 2 & 5 trains. Nostrand Avenue has fine retail stores, super markets and good restaurants.
The building is a great development opportunity, with 2,174 square feet of air rights a developer can add two floors to the building.
Additional Information