Numerous reasons make this multi-family property on the East Flatbush-Brownsville border, a great investment: Legal, four-family house for under $1 million, one block from the subway and Lincoln Terraces courts, fields and playgrounds? Keep going Three 2-bedroom apartments and one 1-bedroom unit plus a full length, finished basement with two of its own separate entrances. Even better!! Shared driveway and large backyard nice touch!
The asking price reflects the improvements needed to bring each unit to market rentability. Meanwhile, the property comes fully tenanted-- the current rent roll will cover your new mortgage! 1166 East New York Avenue makes sense now, and comes with huge potential and upside in the near future. Inventory and opportunities to own a four-family property are low heres your chance to do what others will wish in five years time, that they had done now!
The Vitagraph features newly renovated one, two and three bedroom luxury rentals, with roomy living/dining areas and airy bedrooms. The bathrooms are elegantly fitted with each residence offering plenty of room for storage. You’ll live in an environment of natural, unobstructed light, including fresh space in a landscaped courtyard and amazing views from a cityscape rooftop. That’s more air and nature than most city dwellers often get.Read more