Sold & Closed. A four-family, four story brownstone that is fully-renovated. The building is currently configured as floor though apartment each with a full kitchen and bath. A garden compliments the first level and each floor above the Parlor floor has a ½ bedroom next to the main bedroom. There are hardwood floors, high ceilings and electrical and plumbing upgrades though out the building. Zoned as a four-family, the building has a sprinkler system already in place. The new buyer will be able to maintain the three month-to-month leases and one lease expiring December 2013 or the building can be delivered vacant.
Built in 1905, the property has been updated and upgraded over the century. Some of the original details can be found alongside of modern conveniences for you or your tenants. The current owner renovated the property in 2005 and since has continued to improve the property, including resealing the roof two years ago.
Jefferson Avenue is on one of Stuyvesant Heights most coveted blocks, and the surrounding area is row after row of two and three story exquisitely designed townhouses set upon broad tree-lined streets. Developed between 1870 and 1920, Stuyvesant Heights is an almost exclusively residential neighborhood with small businesses and shops serving the community.
Four renovated units with current income and vacant delivery is possible. Pro-Forma net operating income is $82,500.