5. 85 CAP RATE INVESTMENT OPPORTUNITY 1031 Exchange Or Live for 3, 000 month Own a 24 wide 3 family brick townhouse in Ditmas Park, Brooklyn one of the area ...


Property

Website:https://www.nestseekers.com/5360181
Address:
447 East 21st Street
Brooklyn, NY 11226
Cross street:Cortelyou Road
Type:Townhouse
Era:Pre-war
Floors:3
Ownership: Multi-Family
Rooms: 14
Bedrooms: 3 BR

Financials

Price:$1,500,000
Real estate tax:$7,812

Description

5.85% CAP RATE – INVESTMENT OPPORTUNITY 1031 Exchange | Or Live for ~$3,000/month Own a 24’ wide 3-family brick townhouse in Ditmas Park, Brooklyn—one of the area’s most desirable neighborhoods. ? Live in one unit + collect rent from two ? Strong current income with upside ? (2) Spacious 3BR units with 1.5 bathrooms each ? (1) Large 2BR with private backyard ? Balconies, oversized layouts, great light & storage ? Fully free-market building Moments from Cortelyou Rd, restaurants, and B/Q trains. Perfect for investors or end-users looking to offset their mortgage with rental income. DM for details or to schedule a private showing (qualified buyers only). Perfectly positioned just moments from Cortelyou Road, you’ll enjoy a vibrant mix of cafes, restaurants, and local shops. Commuting is effortless with nearby access to the B and Q subway lines, connecting you quickly to Manhattan and beyond. Located in the highly regarded Ditmas Park area, ranked among the top neighborhoods to live in the U.S. This property offers not just a home, but a lifestyle and a smart investment. Virtual tours available for all apartments. Contact today to schedule your private showing. Currently fully occupied, showing only for qualified buyers.

Amenities

Laundry Room;
  • Balcony
  • Patio
  • Laundry Room
  • Voice Intercom

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Compass

447 East 21st Street Brooklyn NY 11226 USA