DELIVERED VACANT ! 4 STORY BROWNSTONE ORIGINAL DETAILS A rare 3, 270 SF canvas in one of Brooklyn's most desirable and resilient markets.


Property

Website:https://www.nestseekers.com/5415689
Address:
460 9th Street
Brooklyn, NY 11215
Cross street:7th Avenue
Type:House
Era:Post-war
Floors:3
Ownership: Multi-Family
Rooms: 11
Bedrooms: Studio

Financials

Price:$4,500,000

Description

DELIVERED VACANT! | 4-STORY BROWNSTONE | ORIGINAL DETAILS A rare ~3,270 SF canvas in one of Brooklyn's most desirable and resilient markets. Whether you envision a sprawling single-family masterpiece or an expansive owner's triplex with premium rental income, this charming brownstone offers endless potential. THE FINANCIAL ADVANTAGE * Massive Income Potential: The top two floors are newly renovated and project $10,000/month ($120,000/year) in rental income. * Subsidize Your Lifestyle: This income effectively cuts carrying costs in half, making a premium Park Slope purchase highly attainable. * Investor Ready: Also functions perfectly as a turnkey investment property, offered at a 4.5% Cap Rate. PROPERTY HIGHLIGHTS * Size: ~3,270 Sq. Ft. across 4 full stories, plus a cellar. * Modern Upgrades: Split-unit central AC/heat and in-unit washer/dryers in all units. * Historic Charm: Classic bay window, 5 beautiful marble fireplaces, original hardwood floors, and ornate moldings with ceiling medallions. CURRENT CONFIGURATION * Cellar: Unfinished (Incredible potential for a rec room, home theater, or gym) * 1st Floor (Garden Level): 3 Bed / 2 Bath (Duplexed with the rear of the parlor floor) * 2nd Floor (Parlor Level): Front Studio / Rear is duplexed with the garden level * 3rd Floor: 2 Bed / 1 Bath - Newly Renovated (Projected $5,000/mo) * 4th Floor: 2 Bed / 1 Bath - Newly Renovated (Projected $5,000/mo) PROPOSED USAGE * Owner's Triplex: Combine the Cellar, 1st Floor, and 2nd Floor into a massive custom home. * Rentals: Retain the turnkey 3rd and 4th floors for $120,000/year in gross rental income. LOCATION & TRANSPORTATION * Just two blocks from iconic Prospect Park. Enjoy weekend farmers' markets, endless green space, and the vibrant dining and boutique scenes along 5th Ave, 7th Ave, and 9th Street. * F/G Lines: Steps away at the 7th Ave Station for an effortless commute. * F/G/R Lines: A short walk to the 4th Ave-9th St Station. * 2/3 Lines: Easily accessible at Grand Army Plaza.

Amenities

  • Basement

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Compass

460 9th Street Brooklyn NY 11215 USA