TIRED OF RENTING! Isn’t it time you buy your own? Well don’t sleep on this one. Located on the boarder of Bedford-Stuyvesant & Bushwick is this solid brick and brownstone three story, two-family property that measures per DOB records 19.5′ x 45′ on 19.5′ x 100′ lot. Bushwick has a hip and vibrant vibe and is a very convenient location that’s less than a block from the J & M trains, City Buses, Williamsburg Bridge, Jackie Robinson Parkway and easy commute to JFK & LaGuardia airports. A quick bike ride down Broadway and you’re in Williamsburg and at the Domino Park Waterfront or one block and you’re in Bed-Stuy. This location is literally a stone’s throw to public transportation, shopping, nightlife, restaurants, cafe’s, banks, post office and lot’s of other conveniences including Citibikes just one block away at Van Buren & Broadway. Several new developed properties on the block. This home is setup with a spacious owner’s duplex (could be considered a triplex) on the parlor and garden levels plus has a nicely finished basement that has a full bathroom. The owner’s unit has 4 bedrooms, (or 3 bedrooms and an office or dining room) living room, brick wall fireplace, huge eat-in kitchen with stainless steel appliances, and a full bathroom. PLUS! there’s a spacious finished extension room off kitchen that doubles as a recreation & laundry room with direct access to the fenced in backyard oasis. Great for entertaining! This room could also work as a home office, exercise room, play room or podcast room, but so could the finished basement. So there’s plenty of room to redesign and grow in this property! Then, earn some income from the top floor rental unit that offers one large bedroom, living room with an original fireplace, built-in closet, an alcove that can be used as an office space, full kitchen and full bathroom. With an update the top floor could possibly rent between $2,300 – $2,500/mo. and the duplex plus extension, basement and outdoor space could possibly rent between $4,200 – 4,500/mo. This home has some lovely original details starting with the exterior original ornate metal staircase railings and cornice, double entry doors with transform, brass door knobs, plaster moldings, two fireplaces, and ceiling medallions. The main vestibule also has a set of double doors that open to a beautiful staircase with original bolsters. At the top of the stairs with a multi-colored stain glass skylight. This property is very well cared for and needs upgrades to modernize in order to maximize rental income and make comfortable. Property is occupied but will be delivered vacant. Use as a full investment property renting out both units or as your home with one rental unit. There’s a lot of room to build equity for an end user. And, the taxes are incredibly low @ $2,178 (2021-2022). That alone is a good reason to buy this home. The savvy buyer will be saving money and making money from day one! Don’t delay!
