445 E 95Th St, New York City, NY 11212

Description

Pleased to announce the sale of 445 E 95th St, Brooklyn, NY 11212. This 3,900 square foot lot features a two-story, four-unit walk-up. The residential building contains a total of seven bedrooms, with the layout as follows: Unit 1F consists of two bedrooms and one bathroom; Unit 1R offers one bedroom and one bathroom. On the second floor, Unit 2F includes two bedrooms and one bathroom, while Unit 2R features two bedrooms and one bathroom.

The property also includes a full basement with separate electric and gas meters and one boiler. Unlock the value this underutilized property has to offer by maximizing the use of all three garages and increasing rents. The building requires minimal work. In 2021, a 250,000-dollar investment was made into the property, which included renovations to the roof, windows, hallways, and full upgrades to bathrooms and kitchens in all units. These improvements contribute to the building's low operating costs and making it amazing immediate income generation.

Also catching the attention of long-term investor with unused air rights and R6 zoning, there's significant potential to increase value by adding more units.

A neighborhood experiencing growing investor interest, the property is around major transit options including the 3 train at Sutter Ave-Rutland Rd and Saratoga Avenue, as well as Local amenities Kings County Hospital, Brookdale Medical Center, Teaching Centers, and local retail.

Don't miss out on this opportunity.