341 East 51 St, New York, NY 11203

Description

Fully Renovated Two-Family Home with Income-Producing Unit in East Flatbush!

*Property Can Be Delivered Vacant. Welcome to 341 East 51st Street, a beautifully renovated two-family home offering an excellent combination of comfortable living and immediate rental income. The first-floor unit features 3 bedrooms and 1 full bathroom, including a spacious open-concept kitchen/living area and generously sized bedrooms. The second-floor unit also offers 3 bedrooms and 1 full bathroom and is currently tenant-occupied, generating $3,788 per month in rental income.
The property also includes a full basement with recreation/storage space and a separate boiler area, providing valuable additional space. According to the provided floor plan, the first and second floors contain approximately 1,692 sq. ft. combined, with approximately 2,303 sq. ft. including the basement. All dimensions are approximate.
With the first floor delivered vacant, this is an outstanding opportunity for an owner-occupant looking to offset their mortgage with rental income, or an investor seeking a renovated two-family property with an existing income stream. Annual real estate taxes are approximately $6,020.
Conveniently located in East Flatbush between Linden Boulevard and Church Avenue, the property offers access to neighborhood shopping, supermarkets, restaurants and everyday services. Nearby transportation includes the B35 and B46 bus lines, with access to the 2, 3, 4 and 5 subway lines in the surrounding area. The area also offers convenient access to neighborhood parks, schools and shopping; the immediate area scores particularly well for access to groceries, shopping and park space.