272 New York Avenue
159 days on Market
Key Details
-
Listed: Nov 21, 2023Last Price Change: -15.4% ($399,000) on Feb 29Days on Market: 159Building Type: TownhouseNeighborhood: Crown Heights (Brooklyn)Listing viewed 135 times
Monthly Real Estate Taxes:
$1,039
Total Taxes & Fees:
$1,039
($0.36/ft2)
Est. Monthly Mortgage:
$12,150
Mortgage calculator
Total Est. Monthly Carrying Cost:
$13,189
($4.60/ft2)
Note: the above is based on a down payment of 20% ($440,000),
which is the minimum amount permitted by the building.
Open house:
- The afternoon of Sunday, Apr 28
Insider Highlights
- Prime Location: This legal four-family townhouse is located in the prestigious Crown Heights North II historic district, close to essential transportation hubs like Nostrand Avenue station and President Street station. It's also near Brower Park, Prospect Park, Brooklyn Botanical Garden, Grand Army Plaza, and The Children’s Museum.
- Income Potential: The property is a legal four-family townhouse, offering potential for income generation. The building is now entirely vacant, offering immediate occupancy or rental opportunities.
- Charming and Modern Interiors: Constructed in 1910, the townhouse blends traditional charm with contemporary aesthetics. Each apartment offers three bedrooms, spacious interiors, and substantial storage solutions. Two apartments have been renovated to feature restored pocket doors, elegant crown moldings, original wood flooring, granite countertops, and contemporary stainless steel appliances.
- Additional Features: The property includes a full cellar and a private backyard. The ground-level unit with walk-out access is ideal for professional use.
- Expansion Opportunities: With R6 zoning and an unused Floor Area Ratio (FAR) of 1880, there is potential for expansion.
- Vibrant Neighborhood: The property is situated in a vibrant neighborhood with a wide selection of shops, cafes, restaurants, and services, offering a unique chance to own a part of Brooklyn’s storied past.
Description
Situated within the prestigious Crown Heights North II historic district and positioned on the west side of the block, 272 New York Avenue presents a legal four-family townhouse.
Constructed in 1910, this building encompasses six rooms across each of its four levels, complemented by a full-length cellar. Every apartment, offering three bedrooms, seamlessly blends traditional charm with contemporary aesthetics. Renovations in two apartments feature restored pocket doors, elegant crown moldings, original wood flooring, granite countertops, and contemporary stainless steel appliances, including dishwashers, ensuring a blend of spacious, well-lit interiors and substantial storage solutions.
The estate boasts a full cellar and a private backyard, enhancing its charm.
The ground-level unit, with walk-out access, is ideal for professional use.
Its R6 zoning and an unused Floor Area Ratio (FAR) of 1880, which allows for potential expansion, increase its investment appeal, marking it as a promising venture in a sought-after area of Brooklyn. NOW ENTIRELY VACANT!!!
Strategically located near essential transportation hubs, the property is only 0.2 miles from Nostrand Avenue station (serving the 3 and 4 lines) and 0.24 miles from President Street station (serving the 2 and 5 lines), with several key bus routes like BM2, B46, B43, B44, B44-SBS, and B45 in close proximity.
In the vicinity of Brower Park, Prospect Park, Brooklyn Botanical Garden, Grand Army Plaza, and The Children’s Museum, the area is rich in both recreational and educational opportunities, reflecting Brooklyn’s cultural and historical heritage.
The neighborhood is vibrant with a wide selection of shops, cafes, restaurants, and services.
This multi family dwelling represents a unique chance to own a part of Brooklyn’s storied past, combined with excellent connectivity, positioning it as an outstanding, income-generating asset in a culturally vibrant part of the city.
Constructed in 1910, this building encompasses six rooms across each of its four levels, complemented by a full-length cellar. Every apartment, offering three bedrooms, seamlessly blends traditional charm with contemporary aesthetics. Renovations in two apartments feature restored pocket doors, elegant crown moldings, original wood flooring, granite countertops, and contemporary stainless steel appliances, including dishwashers, ensuring a blend of spacious, well-lit interiors and substantial storage solutions.
The estate boasts a full cellar and a private backyard, enhancing its charm.
The ground-level unit, with walk-out access, is ideal for professional use.
Its R6 zoning and an unused Floor Area Ratio (FAR) of 1880, which allows for potential expansion, increase its investment appeal, marking it as a promising venture in a sought-after area of Brooklyn. NOW ENTIRELY VACANT!!!
Strategically located near essential transportation hubs, the property is only 0.2 miles from Nostrand Avenue station (serving the 3 and 4 lines) and 0.24 miles from President Street station (serving the 2 and 5 lines), with several key bus routes like BM2, B46, B43, B44, B44-SBS, and B45 in close proximity.
In the vicinity of Brower Park, Prospect Park, Brooklyn Botanical Garden, Grand Army Plaza, and The Children’s Museum, the area is rich in both recreational and educational opportunities, reflecting Brooklyn’s cultural and historical heritage.
The neighborhood is vibrant with a wide selection of shops, cafes, restaurants, and services.
This multi family dwelling represents a unique chance to own a part of Brooklyn’s storied past, combined with excellent connectivity, positioning it as an outstanding, income-generating asset in a culturally vibrant part of the city.
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Building Amenities
- Pre War
Listing Agent (Seller's Representative)
Listing courtesy of
Douglas Elliman Real Estate
Pricing History
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