Beautiful multi-family brownstone for sale in Fort Greene, Brooklyn!

Located on the corner of South Oxford and Lafayette in one of Brooklyn’s most charming blocks, stands 73 South Oxford—a five-story landmark townhouse built in the 1930’s.  Just steps away from Fort Greene Park with close proximity to the new Barclays Center, this brownstone sits on a huge 44' wide and 82' deep lot that crosses Lafayette Avenue.  The townhouse itself is 24' wide and 56' deep, with the remaining property used as four-car private parking and adjacent garden with a side entrance to the building.

The current building set up is as follows:

·         Parlor Floor has a 1 bedroom apartment and a 3 bedroom, 2 bath apartment duplex that connects to the Garden floor

·         Third floor is a 3 bedroom, 2 bath floor through apartment

·         Fourth floor is 3 bedroom, 2 bath floor through apartment

·         Fifth floor is a 2 bedroom, 2 bath floor through apartment

·         The commercial space is used as an antique jewelry store, and is situated on the ground floor

With six rented, free market income producing units, this is truly an incredibly rare investment package. The serene bedroom floors offer large bright rooms, loft like ceilings, and wonderful window filled rooms from triple exposure to the south, west and east.

Spanning 6,720 square feet as an R6B—with 2.0 FAR—73 South Oxford was actually “overbuilt” and enjoys a mass amount of additional space. With its landmark status, developing the property with the original façade can allow for a single-family home conversion while retaining all of the extra square footage.

Ready to be renovated to meet your personal desires and reap the benefits of high rental income,  73 South Oxford is conveniently located next to the neighborhood’s shops and restaurants, as well as the C and G Lines and the Atlantic Avenue stop for the NQR, 4 5, and 2 3— a quick 10 minute ride to downtown Manhattan.

Projected cap. rate is 6%. Expenses, rent roll, and further details available upon request. 24 hour advance notice prior showing.