58 Bainbridge Street

58 Bainbridge Street. This three family brick townhouse is situated in a quiet cul-de-sac in the heart of Stuyvesant Heights. Perfect for 1031 exchange the building is 17ft x 45ft on a 100ft lot, with a combined living space of approximately 3100 sq ft. Many of the original details in the house are still intact including floors, crown molding, pocket doors fireplaces and wainscoting. The property has an owner's duplex consisting of garden and parlor level with yard access from the ground level. A one bedroom apartment on the third floor and a two bedroom apartment on the fourth floor round out this income producing townhouse. 58 Bainbridge Street has the potential to provide a cap rate of approx 4.5% from the two existing rental apartments and the owners duplex. There are separate utilities for each of the three units. There are no leases with current tenants, and it can be delivered vacant. The property is very close to A/C line at Utica Avenue, B15, B46, B25, B26 bus lines and the retail corridor on Fulton Street. Enjoy a game of chess two minutes away in Fulton Park or listen to the musicians play at the bandstand in the summer. Close to Saraghina, Brunswick, Peaches and the magical Bar Lunatico.