$1,550,000
Updated 7 years ago
Sold

383 Midwood Street

Crown Heights, Brooklyn | Nostrand Ave & New York Ave

2,012 Square FeetMulti-Family

$1,550,000
floors / apts3 / 2
Lot Size27'9"x101'9"
Built Size24'x52'
ZoneR6
Building TypeTownhouse
RE Taxes$6,228
Price Per SF
$770

This property was sold for $1,550,000 on 07/18/19.

Outdoor space and views

  • Backyard

Building Amenities

  • Driveway

Property Description for 383 Midwood Street

Live large in your very own townhouse in a 3 bedroom duplex, with a private garden,two parking spaces, and pay only $3600/month with 20% down ($320,000).Dont miss this unique opportunity to live in one of Brooklyns most exciting up and coming historic neighborhoods and enjoy loads of green space, fantastic public transportation, and TWO PRIVATE PARKING SPACES! 383 Midwood offers an affordable option to live comfortably AND collect rent, or purchase it as a long-term investment with great upside potential and rent out both units, each with their own parking space. Watch your investment grow in tandem with this culturally vibrant and historically significant community, and enjoy more space and independence than you could ever enjoy or afford in a condo.Built as a two-family townhouse with an owners three-bedroom garden duplex, and an upstairs three-bedroom rental with a $3,000/month projected rent, this home has been renovated and is ready for you to pull up in your car, unpack, and make yourself at home. Enjoy a duplex with a full floor of open loft-like living space, a spacious dining and living area, incredible storage, a renovated eat-in kitchen that flows to the large garden, and a powder room. This floor has been renovated to perfection and includes white-washed oak floors, recessed lighting, and a chefs kitchen with marble Caesarstone countertops, a Samsung appliance suite (including dishwasher), and a full-sized vented washer and dryer. Enjoy loads of counter and storage space and a garden for dining al fresco right outside your kitchen. A charming powder room includes gray and white Moroccan tiles and all new fixtures.Head upstairs to three large bedrooms, including an ensuite master bedroom with two large closets, plus two additional bedrooms and a second full bath. Great light, privacy and space make this owners duplex a win-win as either your primary residence, or an investment property with an estimated rent of $5000 per month. Live in more space than a condo, enjoy lower monthly costs, better space, light and outdoor, and dont forget the free parking!Upstairs is a full-floor three-bedroom apartment complete with a newly renovated kitchen and stainless steel appliances, amazing light, skylights, and great storage. Estimated rent is $3000/month. House is vacant.Parks, restaurants, cafes and every amenity you can imagine in every direction. Subways include the 2/5/B/Q, with express lines into the city for a super easy commute. A rare opportunity that just makes financial sense.

Listing History for 383 Midwood Street

Now
07/18/2019
$1,550,000
Sold and Closed by Deborah L. Rieders
Corcoran
06/10/2019
Contract Signed by Deborah L. Rieders
Corcoran

Building Details for 383 Midwood Street

OwnershipMulti-Family
Building TypeTownhouse
AgePost-War
AccessWalk-up
Year Built1999
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Sterling St
0.21 miles
Winthrop St
0.28 miles

Citi Bike

Maple St & New York Ave
0.04 miles
Nostrand Ave & Rutland Rd
0.13 miles

Contact Agents

Contact Agents

Sarah Shuken
Corcoran

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 73083TH