Deeply Discounted 6 Family in Crown Heights For Sale

  • $1,300,000.00
  • 18 beds
  • 7 baths
  • 6,006 sqft

This three-story brick townhouse has six value-add units. The units are approved for gov’t subsidized housing and rents are $3,000 per unit using this program, or you can turn them into condos, your choice!
EITHER WAY, IT’S A COMPLETE STEAL!
The property could use 150,000 in renovations to make it a real stellar place which will also bring the value of the Bricks up to $2.3 million and brings you a handsome 6 figure profit w/ a huge ROI. Discounted enough for any Investor to make an impressive return on it. The building is located right on busy Schenectady Ave with plenty of shopping and other conveniences. It is 3 blocks to the 2, 3, and 4 trains and a 10 minute walk to the A and C at Utica Avenue. This is a STEAL not a DEAL!!!!

The Crown Heights South neighborhood of the New York City borough of Brooklyn sits a few blocks southeast of downtown Brooklyn and a few blocks east of the Hudson River. Its close proximity to downtown and easy access to Manhattan make it very attractive to families as well as young professionals and students attending nearby Brooklyn College.

Beautiful Dutch and European architecture dot the tree-lined streets of the neighborhood, giving it a cozy feel in a thriving borough of New York City. The neighborhood finds itself surrounded by parks and recreation areas large enough to make one feel like they aren’t even in a city. Museums and cultural centers can also be found scattered in and around the neighborhood.

Many main roads, including the Prospect Parkway, make it easy to travel outside Brooklyn and into the heart of Manhattan. Many who work in the city tend to prefer living in Crown Heights South because of the low rent and close sense of community here.

Price:
$1,300,000.00
Address:
234 Schenectady Ave Brooklyn, NY 11213
Crown Heights, Brooklyn, New York 11213
Square Feet:
6,006
Lot Size:
2,633
Bedrooms:
18
Bathrooms:
7
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1907
Basement:
Unfished
Const. Type:
Brick

Additional Features

Facts 6 units | 3 stories | Built in 1907 Taxes $10,800 Building Class C2 District Community District 308 City Council District 35 Police Precinct 77 UNIT AMENITIES Dishwasher Washer/Dryer Kitchen Hardwood Floors Refrigerator Oven Stainless Steel Appliances Yard Garden

Call (914)775-7054 for more details

Property Location