351 Jefferson Avenue Active

Brooklyn,NY 11221

$ 1999999

8 Beds

5 Baths

3420 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,420 sqft

Price per Sqft $584

Subdivision Bedford-Stuyvesant

MLS Listing ID COMP-1633566141990408641

Style Walk-Up

Bedrooms 8

Year Built 1900

Annual Tax Amount $10,368

Property Description

Welcome to this unique investment opportunity with this well-maintained Single Room Occupancy (SRO) property in the heart of Bedford Stuyvesant, featuring a blend of functional and appealing living spaces. This versatile building includes:

One-Bedroom Apartment: Located on the ground level, this spacious apartment offers easy access, ample living space, and a private backyard, ideal for outdoor relaxation and enjoyment.

Studio Apartment: Situated on the first floor, this charming studio provides a cozy and efficient living area, perfect for individuals seeking a low-maintenance residence or as a high-demand rental unit.

Four Additional Rooms: The property includes four distinct rooms on the second and third floors that can be used as individual rental units or converted into additional living spaces. These rooms offer flexibility for various configurations and can accommodate a range of tenant needs.

Partially Finished Basement: The basement presents additional potential with its partially finished state. This versatile area can be developed into a communal space, or utilized for storage, enhancing the property's value and appeal.

In addition to its current setup, the building offers a compelling opportunity for future development. With appropriate permits, it can be converted into individual condominium units, making it an attractive option for investors looking to maximize returns through condo conversion.

Whether you are an experienced investor or new to the real estate market, this property provides significant growth and return potential. Seize this opportunity to expand your investment portfolio with a versatile and lucrative asset!
Contact me for more information.

Location

State NY

County Kings

Interior

Heating Baseboard

Flooring Hardwood,Tile

Laundry See Remarks

Exterior

Exterior Feature Private Yard

Building

Dwelling Type Quadruplex

Story 3

New Construction No

Others

Monthly Total Fees $864

Pets Allowed Building No,Cats OK,Dogs OK

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