442 15th Street

> Opportunity to buy and invest in Park Slope, this 8-unit barrel fronted Brick/Limestone building is half a block from Prospect Park and the Bartel Pritchard Square. > Centrally located, this property offers a perfect blend of urban living and tranquil oasis of the park with its many offerings. > The building offers many opportunities. As an owner occupied, the two apartments on the first floors with the already legal converted basement can be combined into a tremendously large duplex of approximately 4,000 SF of fantastic living space with a 500 SF backyard. > The other six rent stabilized apartments on the other three floors above offer an income of $7,117/Month to offset your mortgage. > The other alternative is to keep it all as a long term investment or to go condo with four possible renovated market rent vacancies. > The size of this building (28.5 x 84 on a 28.5 x 100 lot) and its prime location can command a fantastic returns on the condo conversion. > The building will be sold in as is condition. > 12/05: The current NOI is $133,391. > An opportunity of a life time to buy and invest in Park Slope, this 8 family barrel fronted Brick/Limestone building is half a block from Prospect Park and theBartel Pritchard Square. > Centrally located, this 4 story property offers a perfect blend of urban living and tranquil oasis of the park with its many offerings. > The neighborhood and Prospect Park offer a variety of activities; perhaps thecinemas or a plethora of choice dining around the corner may be what you need!Built in 1907, this extra-wide brick building has many options for consideration. > As an owner occupied, the two apartments on the first floors with the already legal converted basement can be combined into a tremendously large duplex of approximately 4,000 sqft of fantastic living space with a 500 sqft backyard. > Theother 6 apartments (2 free market, 4 stabilized) on the other three floors above offer an income of $7,117/MO to offset your mortgage; and there is still roomfor growth. > If you decide to live on thPlease direct all questions or inquiries to Tom Le. > Do not have your buyers asktenants as there may be some tenants that will hold the owner hostage. > Thank you.