333 Rutland Road
Brooklyn, NY 11225
Cross street:Nostrand Avenue

Building

Type:Townhouse
Era:Pre-war
Floors:3

Property

Ownership: Multi-Family
Rooms: 14
Bedrooms: Studio

Financials

Price:$1,795,000
Real estate tax:$12,000
Listing Courtesy of Compass

Investor Opportunity Modern Three Family with Parking Prospect Lefferts Gardens Modern three family townhouse offering strong in place income with significant upside.

Description

Investor Opportunity | Modern Three-Family with Parking | Prospect-Lefferts Gardens Modern three-family townhouse offering strong in-place income with significant upside. The property consists of two 3-bedroom, 2-bath apartments and one 2-bedroom, 2-bath apartment, plus private parking via a rare curb cut. Projected annual income: $156,000 Current annual income: $90,000 Low operating expenses, separate meters, and immediate cash flow make this an ideal long-term hold or 1031 exchange opportunity. Additional FAR provides potential for future expansion, and finishing the basement could further enhance returns. Units #2 and #3 have been upgraded with new kitchens and bathrooms. The basement includes individual storage rooms, washer/dryer, common bike storage, and direct access to the garden. Located just east of Nostrand Avenue, directly adjacent to the Prospect-Lefferts Gardens Historic District—an area experiencing continued demand, rising rents, and strong appreciation. Excellent subway and bus access along Nostrand Avenue, with proximity to Prospect Park, Brooklyn Botanic Garden, and Brooklyn Museum. Full building video and lease details available upon request.

Amenities

Garden; Laundry Room;
  • Balcony
  • Garden
  • Gas
  • Laundry Room
  • Voice Intercom
  • Walk-up

Neighborhood

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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.