Renovated Brick 3 family in Bedford Stuyvesant, walk to A & C subway

Located on Kane Place in Bedford Stuyvesant, this fully renovated Brick 3 family building can generate easy $8,000-9,000 a month, which is about 6% CAP rate. It is a 4 minutes walk to the C subway line on Fulton/Ralph, and 9 minutes to the express A line station on Utica/Malcolm. This newly built 3 family is fully renovated and vacant, ready for move-in. The top floor apartment has 3 bedrooms, an additional loft, 2 full bathrooms, a balcony, and a very high ceiling in the living room, over 14' high. The second floor apartment has 3 bedrooms and 2 bathrooms, and the first floor apartment has 2 bedrooms and 2 bathrooms, that can be connected with the finished basement into a 3 bedroom duplex. Each unit has BIG modern Pella windows, hard-surface kitchen countertop, stainless steel appliances, and its own separate heat/ac system, modern instant & constant hot water, and electric and gas meters. 
Lot size: 19.70/61
Building Size: 19.70/48.70
Legal 3 family building
Asking: $1,589,000

        We have a few similar renovated & occupied 3 family buildings:

Granite St off Bushwick Ave, $8,000 income, asking $1.675M

Roosevelt Pl off Atlantic Ave, $7,850 income, asking $1.689M

Herkimer St off Rockaway Ave, $7,550 income, asking $1.675M

Pulaski St off Tompkins, $8,200 income, asking $1.7M

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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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