Apt: 2
New York, NY 11207

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 3
Lot Size: 0.0 Acres

Financials

Price:$749,000
Annual Taxes:$3,490
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of The C Y D Realty Group LLC

Rare opportunity at 774 Blake Avenue perfect for the savvy investor AND the smart first time homebuyer !

Description

Rare opportunity at 774 Blake Avenue — perfect for the savvy investor AND the smart first-time homebuyer! Reimagine the space, bring your vision and make This powerhouse property your own — formerly a two-family with a commercial storefront — is primed for reconversion and packed with income-producing potential. First-time buyers, take note — this property may qualify for an FHA 203k renovation loan, allowing you to finance both the purchase and renovation costs in one mortgage, turning potential into profit from day one. The main unit features 3 bedrooms, a formal living room, full bath and a full kitchen. The expansive front living area on the first floor presents a compelling opportunity to restore the commercial storefront or expand into additional living space. The rear unit offers a private entrance, 1 bedroom, living room/dining/kitchen, and full bath — live in one unit and rent the other to offset your mortgage. Basement offers room to finish for additional living or recreation space. Generous backyard. Property is easily accessible for showings. With comparables in this thriving neighborhood commanding top dollar, $749,000 represents exceptional value for the scope of opportunity here. Whether you’re building a portfolio or planting roots — this property works for you. Conveniently located near public transportation, a neighborhood park, and community garden. Don’t let it pass you by. Submit your highest and best offer. Property will be delivered vacant.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Formal Dining
  • Natural Gas Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

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