158 Carlton Avenue

158 Carlton Ave ATTENTION INVESTORS & 1031 Exchange Purchasers offering approx. 4.72 CAP RATE based on Actual not projected figures & long term leases in place. Opportunity Knocks in the heart of Fort Greene offering you A TOTALLY TURN-KEY, Three-Unit Brick Townhouse, recent renovations include the extension of the Garden level &Parlor level from 36feet to now 50 feet of building depth with Over 1000SF of South-facing Garden &Terraces. Fully occupied Investment property with low expenses and terrific "established" $166,800/year for next 2 years rental income.

Video-intercom, 2Mitsubishi & 1Trane split-systems A/C, new interior electric and plumbing upgrades, new 120Gal hot water heater, gas fired hot water heat with rebuilt boiler and starter & new pump, newly coated roof, floor-to-ceiling windows overlooking South terraces &garden, new skylight, new fire escape, White Oak Floors, Walnut kitchen in Parlor duplex, Bertazzoni gas oven/range, Duravit bathroom fixtures, finished cellar level full ceiling height and greatly expanded usable space. One block away you'll find 30 acres to explore in scenic Fort Greene Park, thanks to the likes of Walt Whitman, Olmsted&Vaux, and 11,500 Revolutionary War POW's...possibly the most sacred ground in NYC! Additional unused FAR is available. Established RENT ROLL: $168,800./year Parlor/Garden Duplex $7200/month longterm 2+yrs lease 2nd floor $3600/month longterm 2yr lease 3rd floor $3100/month longterm 2yr lease LAYOUT: Entry foyer on the Parlor level Cellar offers a large finished recreation room &/or storage area plus laundry ( Washer & Dryer located in noted "storage area" ) along with separate mechanical & meter rooms.

An integral part of the Duplex unit above, all connected. Soaring 10' ceilings, a decorative fireplace and a central open galley kitchen greet you as you enter the Parlor. The Duplex Parlor and Garden levels offer a full bath on each level and total of 3-4bedrooms and your very own terraces & deep South garden. note; Garden is not shown in the plans but offers over 1000SF of your own outdoor space. Above on the top 2 floors, each apartment offers a full-floor, 2bedrooms with all new kitchens and bathrooms. The 2nd-floor apartment overlooks the garden and leads to a wonderful and spacious 14' roof terrace.

Top floor living room is flooded with light from the new skylight. Gross Dimensions: Cellar 20x36 Garden Floor 20x50 Parlor Floor 20x50 ( irregular shape with inset terrace) Second Floor 20x36 Plus (14'deep terrace extension) Third Floor 20x36 Roof 20x36 ( now tar roof only/potential for a future roof terrace?) plus Total Outdoor space approx. 1,030 SF Terracotta and brick terraces leading to steps up to rear garden area Transportation; B, R, Q, 2,4,5, G & C Trains, only a few blocks away.

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