Note: the above is based on a down payment of 20% ($313,000),
which is the minimum amount permitted by the building.
Description
Where Contemporary design meets Brownstone Brooklyn. This large modern two-family townhouse in Bed-Stuy with backyard and rooftop is not to be missed! It is great for an end user or an investor.
Built in 2016, the home is configured as a 3BR/2.5BA duplex with large private rooftop over a 2.5BR/2BA Garden level duplex with a spacious recreation room and a generous backyard area.
Perched on a 20ft wide lot, this home is built 40ft deep, giving you approximately 3,300 sq. ft. of space in this 4 story home.
The generous layout and high ceilings give a fantastic feeling as you walk through the space.
The bottom duplex features 2.5 bedrooms, 2 full bathrooms, a large recreation room with a laundry room, and a backyard with rental income of $3,900. Upstairs, a 3 bedroom 2.5 bathroom apartment with laundry and a ton of closets has the potential to bring in $4,200/month in rent. The high rental income helping any end user to significantly offset their monthly mortgage costs.
Features include Central A/C, white oak flooring, high end stainless steel appliances, washer dryer in both units, plenty of private outdoor space. Open kitchen, spacious layout and plenty of light throughout.
Additional FAR of 1,472 sq ft
Approximate Rental Income: Unit 1 - $3,900 Unit 2 - $4,200
Lot dimensions 20 ft. x 80 ft. Built 19ft. x 42 ft. Annual taxes are $18,528 / Monthly $1,544 Each unit is separately metered.
Great CAP Rate of 4.8%
Downstairs tenant's lease in place till April 2022
Conveniently located to Herbert Von King Park, and restaurants like Peaches, Saranghina and plenty of markets.
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