Welcome to this two-family brick house located in the heart of East Flatbush! This property offers a fantastic opportunity for homeowners and investors alike. The upper unit is a beautifully renovated 2-bedroom apartment, updated just two years ago with modern finishes and a fresh, contemporary feel. The lower unit is a blank canvas, recently demolished and ready for you to design and rebuild to your taste. The property also features a built-in garage and an additional one-car carport, providing convenient parking options. For those with a vision, city-approved plans are already in place to reconfigure the first-floor apartment into a different layout, offering even more flexibility to suit your needs. Don’t miss this opportunity to customize your dream home or invest in a property with great potential.
Legal 4 family with legal 3 bedroom basement for additional income! Discover an incredible investment opportunity with this well-maintained five-family property in the heart of East Flatbush, Brooklyn. Perfectly suited for investors looking to generate substantial rental income, this property offers a blend of modern amenities and classic charm in a prime location. Property Features: Four Family Units: This property features four spacious and independent family units, each with its own entrance, ensuring privacy and convenience for tenants. Legal Basement Unit: An additional legally finished basement unit adds a fifth income-generating residence, maximizing rental potential. Outdoor Space: A private backyard provides a perfect space for outdoor activities or relaxation. Recent Upgrades: New Roof: A recently installed roof ensures long-term durability and reduced maintenance costs. New Boiler: A brand-new boiler enhances energy efficiency and ensures comfortable living conditions for tenants. Prime Location: Convenient Access: Located on a quiet, tree-lined street, yet close to major transportation routes, shopping, dining, and entertainment options. Community Amenities: Proximity to local schools, parks, and community centers adds to the appeal for families and tenants. Investment Highlights: Income Potential: With five fully separate units, this property is ideal for investors seeking robust rental income. Free market rentals: As a free market property, the owner has full control over setting rental rates, allowing for flexible and competitive pricing High Demand Area: East Flatbush is a sought-after neighborhood with a strong rental market, ensuring high occupancy rates and rental demand. PROPERTY DETAILS: TAXES $9457 ? Multi-Family Property ? Two-story walk-up ? 5 Units ? Lot Size: 30 ? 100ft ? Brand new boiler and plumbing throughout building CURRENT RENT ROLL: ? Apt 1F: $2,040 ? Apt 1R: $2,417 ? Apt 2F: $3,385 ? Apt 2R: $2,387 ? Basement: $2,696 ? Total Income: $12,985 ? Yearly Gross Income: $155,820 EXPENSES: ? Approximately $25,000 CAP RATE: ? $165,000 (total income) - $25,000 (expenses) = $140,000 Potential Net Income, Additional information: Appearance:FAIR
This Colonial Style 4 Family Home Features 8 Bedrooms, 4 Full Baths and 4 Eat In Kitchens. The information provided is estimated to the best of our abilities at this time.
Rare opportunity to own this 3-family townhouse (C0) in East Flatbush for under a million dollars. Whether you're looking to grow your real estate portfolio or you're a first-time home buyer, 309 East 96th Street is the best of both. The property is currently fully occupied with tenants on a month-to-month lease. The following monthly rent roll: 1st Fl: 2-bed, 1-bath $1,981.17 2nd fl: 3-bed, 1-bath $2,600.00 3rd fl: 3-bed, 1-bath $2,460.36 - Total Monthly Rent: $7,041.53 Annual taxes: $6,610 Key features include a one-car garage with a private driveway; and upgraded mechanicals including electricity. The boiler and roof are in excellent condition. East Flatbush is a rapidly emerging neighborhood for savvy investors. Don't miss out on this fantastic deal., Additional information: Appearance:Good,Separate Hotwater Heater:1
The median home value in New York, NY is $1,386,180. This is higher than the county median home value of $1,187,100. The national median home value is $338,100. The average price of homes sold in New York, NY is $1,386,180. Approximately 29.48% of New York homes are owned, compared to 49.07% rented, while 21.46% are vacant. New York real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New York real estate agent to arrange a tour today!
New York, New York 10128 has a population of 210,200. New York 10128 is more family-centric than the surrounding county with 34.66% of the households containing married families with children. The county average for households married with children is 25.3%.
The median household income in New York, New York 10128 is $139,495. The median household income for the surrounding county is $93,956 compared to the national median of $69,021. The median age of people living in New York 10128 is 41.5 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 47.9 inches per year, with 26.1 inches of snow per year.