Description

Welcome home to 1484 Prospect Place, a fantastic opportunity to own a three-family property in Brooklyn! Whether you're an investor looking to expand your portfolio or an end user seeking a home with major income-producing potential, this versatile property offers endless possibilities. The building is also a rare 25' wide.

Step inside this brick beauty and to the right is unit number 1. A spacious two bedroom plus recreation room and a massive private garden. Up the common stairs are two more apartments with 3 spacious bedrooms. Additional features of the offering are good closet space, spacious bedrooms, chefs kitchen with breakfast bar, stainless steel appliances and the whole building is very bright!

The building is 25' wide x by 45' on a 79' deep lot. The residential FAR is up to 2.2 or Facility FAR is up to 4.8 (consult architect for actuals). Total SF is 3,740 (3,120 SF + 620 SF basement). The building is also close to Crown Heights, Bed Stuy and all that Brooklyn has to offer. For transportation, subways are close with the 3, 4, A, C trains easily accessible. 3 families like this don't come around often! Turn key and delivered vacant! Projected rents over a 7% cap rate. Listing courtesy of Compass ...
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