Built 20 ft. wide and 55 ft. deep this 3-story brick has two oversized 2-bed apts on the 2nd & 3rd floors with high income potential (market rent estimated at $2,250 each). Plus there is a loft-like 1st floor unit with soaring 11 ½ ft tin ceilings, private street entrance, and lovely tranquil garden. A perfect live/work environment for an artist, or simply live in an aesthetically unique space, and collect substantial rental income.
For those with an eye toward investment, the entire building can be delivered vacant and would yield an estimated gross annual RR of $81K.
With its attractive turn-of-the-century façade and period details such as coved ceilings, claw-foot tubs, built-ins, original balustrade, bay-windows, etc. there is lots of character. In addition, the gas boiler is new and electric has been upgraded.
Prospect Park is only a short walk away and “F” subway is at the corner. Burgeoning new businesses such as Brooklyn Commune, Crossroads Café, and Juice Box Wines & Spirits, make this an exciting location and the place to live or invest! Exclusive
| Price: | $1,100,000 |
| Taxes: | $338 monthly |
| Address: | 1275 Prospect Avenue, 11218 |
