Nest Seekers

Income Producing Property Subject to Court Approval Strong value add opportunity for a multi unit asset with upside potential.

568 Drew Street
New York, NY 11208

Listing

Web ID:4769837
Website:https://www.nestseekers.com/4769837

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 8 BR
Bathrooms: 3

Financials

Price:$1,150,000
Annual Taxes:$5,811

Description

**– Income-Producing Property (Subject to Court Approval)** Strong value-add opportunity for a multi-unit asset with upside potential. Ideal for buy-and-hold, rental optimization, or portfolio expansion. All property details are subject to independent verification by the buyer and their representative. **Sale is contingent upon third-party court approval (not a short sale).** **Property Layout:** ACCESS TO ALL UNITS**** * **1st Floor – Apt 1F:** 2 bedrooms, living room/kitchen combination, full bathroom * **1st Floor – Apt 1B:** 2 bedrooms, living room, kitchen, full bathroom * **2nd Floor:** 4 bedrooms, living room, dining room, kitchen, full bathroom **Investment Highlights:** * Multi-unit configuration with strong rental potential * Full finished basement – additional usable space * Shared driveway access * Detached 2-car garage (roof replaced in 2021) * Opportunity to increase rents and maximize NOI **Showing Instructions (Strictly Enforced):** * Do not approach or question tenants under any circumstances * All inquiries must be directed to the listing broker * Buyers must be accompanied by their agent—no exceptions * All visitors must sign in prior to entry * Shoes must be removed when entering the 1st and 2nd floors **Important:** Any attempt to bypass listing procedures or contact tenants directly may result in denied access and reporting to MLS. Serious, Proof of funds recommended with all offers.

Amenities

  • Back Yard
  • Double Pane Windows
  • Electricity Available
  • Electricity Connected
  • Natural Gas Available
  • Natural Gas Connected
  • Near Public Transit
  • Near School
  • Near Shops
  • Open Floorplan
  • Sewer Connected
  • Storage
  • Trash Collection Public
  • View of front of property featuring a gate, a fenced front yard, and brick siding
  • View of front of property featuring a gate, a fenced front yard, and brick siding
  • View of concrete alley
  • View of garage
  • View of garage
  • Kitchen featuring stainless steel range with gas cooktop, reddish brown cabinets, light countertops, and light marble finish flooring
  • Kitchen featuring stainless steel range with gas cooktop, reddish brown cabinets, light countertops, and light marble finish flooring
  • Kitchen featuring stainless steel range with gas cooktop, reddish brown cabinets, light countertops, and light marble finish flooring
  • Kitchen featuring stainless steel range with gas cooktop, reddish brown cabinets, light countertops, and light marble finish flooring
  • View of bathroom
  • Utility room with a heating unit and water heater
  • Utility room with a heating unit and water heater
  • Utilities with water heater
  • Utilities with water heater
  • Kitchen with light marble finish flooring and dark brown cabinets
  • Living room featuring marble finish flooring
  • Living room featuring marble finish flooring
  • Living room with light marble finish flooring
  • Living room with light marble finish flooring
  • Bedroom with refrigerator
  • Bedroom with refrigerator
  • Kitchen with stove, decorative backsplash, and light countertops
  • Kitchen with stove, decorative backsplash, and light countertops
  • Bedroom featuring baseboards
  • Bedroom featuring baseboards
  • View of closet
  • View of living area
  • Living area featuring electric panel
  • Living area featuring electric panel
  • Dining space with light marble finish floors and baseboards
  • Dining space with light marble finish floors and baseboards
  • Kitchen featuring white cabinets, glass insert cabinets, gas range, and a ceiling fan
  • Kitchen featuring white cabinets, glass insert cabinets, gas range, and a ceiling fan
  • Kitchen featuring white cabinets, stainless steel range with gas stovetop, ornamental molding, ceiling fan, and glass insert cabinets
  • Kitchen featuring white cabinetry, glass insert cabinets, freestanding refrigerator, crown molding, and ceiling fan
  • Kitchen featuring white cabinetry, glass insert cabinets, freestanding refrigerator, crown molding, and ceiling fan
  • View of front of house with brick siding
  • View of front of house with brick siding
  • Recreation room featuring baseboards
  • Recreation room featuring baseboards

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of Prime Place Realty
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