Description

**Seller's mortgage is assignable - current interest rate for the next 4.5 years is 5.5%**

276 East 23rd Street is a mixed-use building that was originally built in 1905 and recently re-imagined into a renovated income-producing property. This 20ft wide by 69ft long building offers five thoughtfully designed residential units and one commercial unit. The property is located in the changing neighborhood of Flatbush right near the main retail drag of Ditmas Park.

Each unit has been thoughtfully laid out to maximize income potential while still offering a comfortable home. The kitchens are adorned with tasteful cabinetry, quartz countertops, and a honed tile backsplash. The windowed bathrooms are finished with large grey tiling, nickel fixtures, and a beautiful wood panel backdrop. All units feature central AC, recessed lighting, a video intercom, and tankless water heaters. Hot water and heating are paid by the tenants keeping ownership utility costs extremely low.

In the cellar, there is shared laundry that provides an additional source of income; as well as an area that can be converted into storage units for the tenants. The unfinished roof can be converted into a common roof deck. Listing courtesy of Compass ...
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