Total Est. Monthly Carrying Cost:
$16,946 ($5.04/ft2)
Note: the above is based on a down payment of 20% ($640,000),
which is the minimum amount permitted by the building.
Description
This three-family home has been lovingly restored by the sellers who have painstakingly , brought this grand old lady, into the 21st century. The home consists of a triplex owner’s unit with 4BR, 3 Full bathrooms and 2 half bathrooms and a home office. The owner’s triplex has direct access to the fully landscaped yard through a patio extension off the kitchen on the parlor floor.
The owners also enjoy direct interior access to private storage in the basement. On the garden level, the tenants enter through a private gate to find 2 JR. 1BR/1BA apartments (about 400sq ft each).
The rear unit has a private covered outdoor terrace. This home is exclusively listed through Nestseekers International and will also be offered to the public through Harcourts Auctions.
Harcourts Luxury Live Auction - Bidding to start from $2,800,000 Auction Date: 3:00pm July 21, 2022. Seller has nominated a reserve that must be met in order for the sale to take place.
All buyers and financing options welcome. Contingencies and variations to terms considered. No buyer premium or additional fees.
All disclosures and reports available at https://liveauction.link/258Stuyvesant. Submit pre-emptive offer to stop auction. Contact for further information.
Owners Triplex:
Parlor Floor: Enter a fully restored foyer which retains all the original woodwork and pier mirror which have been lovingly restored by the sellers.
There is a Elfa closet system coat closet/pantry in the foyer along with a metal door that separates the owner’s unit from the tenant’s bellow and allows for interior access to your storage in the basement. The spacious east facing parlor gets beautiful sunlight in the morning, and this entire space still has the original hardwood flooring adding to the charm of the space. Pass through the restored pocket doors into the South/West facing kitchen which is flooded with light all day long.
The kitchen is fully renovated with new white cabinets, Viking appliances, a wine fridge, and open shelving to display your collections. There is also a powder room (half bath) tucked away in the back of the kitchen. Open the large glass door and you are on the large terrace overlooking your beautifully landscaped garden.
Lutron lighting fixtures are found throughout the owner’s triplex.
Third Floor: On this floor you will find the primary bedroom which boasts plenty of room for a king-sized bed, and more furniture if you need it. The walk-in closet is fully organized with a custom Elfa closet system. The Primary bathroom has a double vanity with large fog free and surround lit mirror.
A beautiful freestanding bathtub and a shower. This floor also has another bedroom with en-suite bathroom and a home office. All bedrooms have ceiling fans for increased energy efficiency.
Fourth floor: 2 very large bedrooms with en-suite baths occupy this floor.
The SW facing bedroom has a half bath with a water filtration system. This room is currently being used by the sellers as an art studio. The east facing bedroom is currently being used as the Den and it has a full en-suite bathroom.
Both bedrooms have large custom elfa closet systems for maximum stage and organization. Between the two bedrooms is the Landry room tucked away behind two large barn doors. The laundry room has a sky light and the fourth-floor landing on this townhouse also has a skylight that floods the interior of the home with light all day long.
Ground Floor:
Apartment A, is located in the front of the house facing east.
This apartment has a full kitchen, brand new kitchen with stainless steel appliances, a split unit AC, and new tile in the bathroom and on the floors of the entire apartment.
Apartment B, is in the rear of the house facing SW. This apartment has a full kitchen, brand new kitchen with stainless steel appliances, a split unit AC, and new tile in the bathroom and on the floors of the entire apartment. The apartment also has it’s own private covered outdoor terrace.
Tenants have access to the basement where each apartment has its own storage closet and access to the tenant laundry room.
The apartments will be vacant at the time of sale.
The current combined rental income is $3,400, bit the new owner can raise the rents and enjoy a combined oncome of $4000-$4200. Also, if the owner is occupying the home, you are allowed to Air b&b the apartments and potentially cover your entire mortgage.
Basement:
The sellers have completely waterproofed the basement by adding a French drain to the entire perimeter of the basement which feeds into a stump pump and by adding a dehumidifier to maintain a steady and healthy level of humidity in the area and to prevent mold. The basement was divided into a tenant area, containing 2 storage closets, one for each apartment and a laundry room for the tenants to use.
On the owner’s side of the basement, there is a locked door separating the over 700 sq ft, of storage.
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