54 Saint Felix Street

BACK ON THE MARKET!: Five-story, two-family double duplex in prime Ft. Greene -- with an attached two-car garage -- located mid-block on a tree-lined street two blocks from historic Ft. Greene Park, two blocks from the 2,3,4,5,B,C,D,G,N,Q,R trains and one block to the expanding BAM Cultural District, already rivaling Lincoln Center in its size and scope. Nine universities are within three blocks in this rapidly appreciating neighborhood rich in amenities of all types. The house is ideal for an investor who wants to hang onto a property in prime, prime Brooklyn that will always stay rented as prices continue their upward trajectory. It is also ideal for single-family conversion. (Doing so from its current layout would require significant renovation.) Imagine 2800 square feet of living space over a suburban-sized garage in the heart of one of the most dynamic and rapidly appreciating neighborhoods in Brooklyn. The house, built in 2001 from ground-up, features two separately metered units with over-sized windows, allowing natural light to stream in from the eastern and western exposures. The lower duplex (3 BR/2,5 BA) is rented through May 2017 and the upper duplex (2BR/1BA) is vacant. Annual rent roll is $108,000.