It previously was on the market for a total of 114 days.
114 days on Market
Pricing History
Certain content is available only to members.
There's no obligation.
Previous Photos & Floor Plan
Townhouse Facts
-
Minimum Down: 20%Listed: Apr 26, 2022Last Price Change: ($659,999) on Aug 16Days on Market: 114Building Type: TownhouseNeighborhood: Bedford-Stuyvesant (Brooklyn)Listing viewed 396 times
Est. Monthly Mortgage:
-
Mortgage calculator
Total Est. Monthly Carrying Cost:
$12,205
($3.46/ft2)
Note: the above is based on a down payment of 20% ($460,000),
which is the minimum amount permitted by the building.
Description
This charming Southern-exposure 20-ft wide, 4-story + basement, 3-family brownstone welcomes you with a huge 2BR/2Ba owner triplex (currently partitioned as 4 BR) where you can regale guests in an endlessly flowing open living room / kitchen garden level with verdant backyard + open recreation room below. Or retire to spacious bedrooms on the parlor level. Rent out upper 2 units @ $5,500/month, all 3 @ $10-11K/month, or combine into a stately chateau; the possibilities are endless.
Best value in Bed Stuy: lowest cost free-market brownstone of its size allows for spacious living, conversion to 4 condos worth over $4 million, or renovation to net $200K+ NOI.
Similarly priced brownstones have only 3 stories or narrow lots that severely compromise space, utility, and opportunity.
Triplex updated 2004. Other units lightly updated 2017.
Hardwood floors throughout. Vaulted ceilings.
$108K rent roll/$91,428 NOI easily adjusts to $116-132K rent roll/$100-116K NOI with new triplex tenants.
Current rent roll (Excellent payment history):
Triplex: $3,600 month-to-month
2-BR: $2,350 lease til January
3-BR: $3,050 month-to-month
3-BR delivered vacant or occupied.
2-BR delivered occupied. Triplex delivered occupied but can start vacate process before closing.
3-BR furniture, air conditioners, TVs included.
Temporary partitions in triplex easily removed to restore sun-drenched natural lighting. With partitions, the building formally appraised as 9BR, 4 Ba in 2016 @ $1.5 million.
Washer-dryer hookup.
Best value in Bed Stuy: lowest cost free-market brownstone of its size allows for spacious living, conversion to 4 condos worth over $4 million, or renovation to net $200K+ NOI.
Similarly priced brownstones have only 3 stories or narrow lots that severely compromise space, utility, and opportunity.
Triplex updated 2004. Other units lightly updated 2017.
Hardwood floors throughout. Vaulted ceilings.
$108K rent roll/$91,428 NOI easily adjusts to $116-132K rent roll/$100-116K NOI with new triplex tenants.
Current rent roll (Excellent payment history):
Triplex: $3,600 month-to-month
2-BR: $2,350 lease til January
3-BR: $3,050 month-to-month
3-BR delivered vacant or occupied.
2-BR delivered occupied. Triplex delivered occupied but can start vacate process before closing.
3-BR furniture, air conditioners, TVs included.
Temporary partitions in triplex easily removed to restore sun-drenched natural lighting. With partitions, the building formally appraised as 9BR, 4 Ba in 2016 @ $1.5 million.
Washer-dryer hookup.
All content above are visible to screen reader users, so you may ignore the show more button below.
Building Amenities
- Pre War
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
Like us on Facebook to keep up with the trends and latest news around New York City real estate. Follow us on Twitter to keep up with the trends and
latest news around New York City real estate. Follow us on Instagram. Follow us on Linkedin.
-
Buy & Sell
Search Apts for Sale Market Reports Buyer’s Guide Find an Agent Market Data Selling Your Apartment -
Rent
Search Apts for Rent No Fee Rental Buildings Furnished Apartments Add Rental Listing Rental Building Owners Renter’s Guide -
Buildings
New Development Condos No Fee Rental Buildings Luxury Condos Condo & Co-op Profiles and Ratings Top 10 Lists -
Insights
Features Market Data Market Reports & Research Neighborhoods 6sqft (Our Blog) Carter’s View Rental Building News & Offers Resources & Guides CityRealty Indices -
Company
About CityRealty How CityRealty Works Advertise with CityRealty Contact Us -
RLS IDX Data display by CityRealty.com, LLC.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
An equal housing opportunity 
{"1":[40.775,-73.94,"East Side","_es"],"2":[40.79,-73.99,"West Side","_ws"],"11":[40.76,-73.98,"Midtown","_m"],"3":[40.736,-73.99,"Downtown","_d"],"13":[40.711309,-74.01,"Financial
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}