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string(1093) "Investor Opportunity | Modern Three-Family with Parking | Prospect-Lefferts Gardens
Modern three-family townhouse offering strong in-place income with significant upside. The property consists of two 3-bedroom, 2-bath apartments and one 2-bedroom, 2-bath apartment, plus private parking via a rare curb cut.
Current annual income: $90,000
Low operating expenses, separate meters, and immediate cash flow make this an ideal long-term hold or 1031 exchange opportunity. Additional FAR provides potential for future expansion, and finishing the basement could further enhance returns.
Units #2 and #3 have been upgraded with new kitchens and bathrooms. The basement includes individual storage rooms, washer/dryer, common bike storage, and direct access to the garden.
Located just east of Nostrand Avenue, directly adjacent to the Prospect-Lefferts Gardens Historic District—an area experiencing continued demand, rising rents, and strong appreciation. Excellent subway and bus access along Nostrand Avenue, with proximity to Prospect Park, Brooklyn Botanic Garden, and Brooklyn Museum.
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$1,795,000/mo Park Slope | 8 beds | 7 baths | 3120 sqft | Floor 1
Description
Investor Opportunity | Modern Three-Family with Parking | Prospect-Lefferts Gardens
Modern three-family townhouse offering strong in-place income with significant upside. The property consists of two 3-bedroom, 2-bath apartments and one 2-bedroom, 2-bath apartment, plus private parking via a rare curb cut.
Current annual income: $90,000
Low operating expenses, separate meters, and immediate cash flow make this an ideal long-term hold or 1031 exchange opportunity. Additional FAR provides potential for future expansion, and finishing the basement could further enhance returns.
Units #2 and #3 have been upgraded with new kitchens and bathrooms. The basement includes individual storage rooms, washer/dryer, common bike storage, and direct access to the garden.
Located just east of Nostrand Avenue, directly adjacent to the Prospect-Lefferts Gardens Historic District—an area experiencing continued demand, rising rents, and strong appreciation. Excellent subway and bus access along Nostrand Avenue, with proximity to Prospect Park, Brooklyn Botanic Garden, and Brooklyn Museum.
Read More
Apartment Features
- Flooring - hardwood
- Attached
- Heating - NaturalGas
- Laundry - Common On Floor
- Balcony
- Private Outdoor Space Over60 Sqft
- Private Yard
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