473 Kosciuszko Street

Set on a beautiful, tree-lined stretch of Bedford-Stuyvesant, this classic four-story

brownstone has four free market units and will all be delivered vacant. Two of the units

are currently set-up as one-bedroom apartments while the other two are 1.5-bedrooms.

All four can be easily converted into two-bedroom homes, and the property also features

an additional 2,160 square feet worth of buildable rights, allowing for substantial

expansion. The green backyard spans nearly 1,000 square feet. Should the new owner

choose to place all of the apartments on the rental market while maintaining current floor

plans, the home is projected to produce $86,000 per year after basic renovations;

however, a landlord could net in excess of a $100,000 a year with apartment upgrades

and conversions into two-bedroom units that will fetch rents north of $2,000. The prime

property is set on a timeless Brooklyn residential block with a neighboring playground.

Vibrant DeKalb Avenue is just around the corner and the whole area is teeming with new

shops, cafes, bars, restaurants and nightlife. There’s the hip Skytown New American

eatery, Mr. Kiwi’s boutique grocery store providing fresh produce, healthy eating

alternatives and craft beers, the brand new French bistro L’Antagoniste, and trendy

Khemistry Bar and Restaurant. The J train stops two short blocks from your front door.