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2 family Brownstone on a BEAUTIFUL tree-lined block in Bedford Stuyvesant

Located on 181A Vernon Ave off Throop Ave in Bedford Stuyvesant, a beautiful tree-lined block in Bedford Stuyvesant, a short walk to subway and within reach of the Von King (aka Tompkins) park. This Brownstone Townhouse is a legal 2 family 3 story building with an additional finished cellar and a beautiful backyard. It has a 20' extension on the first floor which makes it a huge 18.75/65 apartment. The finished cellar has a high ceiling of about 8' high. The building is in decent shape, should be qualified for a standard mortgage, and will be delivered vacant. After renovation, the building can generate about $8,000 a month ($3,500 from a 3 bedroom/2 bathroom garden unit with cellar, and $4,500 from a 3 bedroom/2.5 bathroom duplex) or it can be sold for $1.8-2M (226 Vernon, a smaller house, is currently on the market for $2.1M and its layout is even not that great.)
Lot size: 18.75/100
Building Size: 18.75/45 +20' extension
Legal 2 family Brownstone
Asking: $1,295,000

SOLD in 2020

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We have hundreds of properties available for showing - many of them completely renovated and vacant, ready to move in. Moreover, as part of being a R.E.B.N.Y. (Real Estate Board of New York) participant, we have access to thousands of properties all over Brooklyn, Queens, and Manhattan. No registration needed; just dive-in and search for homes! And like all our services, it is completely free!
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© 2021 Brownstone King

Brownstone King is affiliated with Massada Home Sales, Inc. located at:

389 Nostrand Ave, Brooklyn, NY 11216, Tel: 718-658-7200

389893333

Disclaimer: This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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