Multi Family, 1327 PROSPECT Place #, Crown Heights North - Powered by DMT

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1327 PROSPECT Place, #

Crown Heights North

$4,250,000
 |  9 Beds  |  9.5 Baths   | 5,528SF

Description

Welcome to 1327 Prospect Place, located on a charming block in Crown Heights.
This fully renovated turn-key building is currently set up as an eight-unit open-market rental building, which is entirely vacant.
Please message me for the proforma sheet. Estimated NOI $239,448. Estimated Cap Rate 5.63%.

The developer purchased this three-story townhouse. Then, their team went through an extensive renovation from top to bottom, extending the building upwards two floors, extending the rear of the building back, which added additional square footage, and allowing some units to have private terraces and outdoor spaces.

They didn't stop there; they redesigned the entire building, giving each unit its own style with light and dark hardwood flooring, porcelain tiles, high ceilings, and modern lighting fixtures. They also added a Mitsubishi electric split system, air conditioning, and heating systems throughout, with Akuvox video intercom systems in each unit.

The kitchens were thoughtful and intentional. They added stone countertops, Whirlpool refrigerators, GE Microwaves and ovens, Maytag dishwashers, and LG washer-dryers in selected units.

All units have access to the 5th-story south-facing roof ...
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Property Details

  • Multi Family

Amenities

  • Appliances: Washer Dryer Allowed
  • Attendance: None
  • Basement: Other
  • Building: Green Building
  • Cooling: Other
  • Interior: Smoke Free
  • Laundry: Washer Hookup, In Unit, Building Other
  • Patio: Deck, Patio, Terrace
  • Pets: Building Yes, No
  • View: Other

For information on 1327 PROSPECT Place, # contact:

realtor top real estate agent

William Kuchins

Licensed RE Salesperson

Licensed RE Salesperson
Will@devmarketingteam.com

Listing courtesy of Corcoran Group
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