Property Description for 829 East 14th Street
Are you looking for a very big, three family house! This one is the one for you! On the border of Ditmas Park and Midwood sits this massive detached legal 3 family house on a 32 x 100 wide lot measuring 23 x 52. The house is currently configured with a three bedroom, 1.5 bathroom owners duplex with finished basement, side deck off the dining room and spacious backyard including storage shed. Upstairs features a palatial four bedroom 1.5 bathroom with sunroom and den on the second floor and a two bedroom one bath apartment with deck on the third floor. The house has many unique features including crown moldings, interior stairways to all apartments, beautiful parquet floors, and high ceilings. The possibilities are endless, live in one floor and rent out two! Or split this three-family house between multiple owners. Or you could rent out entire building for a 7% projected CAP rate (great rental returns with additional buildable room to grow). The FAR on the lot should allow more than 1,000 additional square feet to be built, if you needed more space to live in, or if you wanted larger rental units. Third floor tenants lease ends in September all other tenants are month to month, property can be delivered vacant! More photos and video to be posted soon!Located one block away from the Q/B lines at Avenue H and 2 blocks to Avenue J where there is a variety of shops, restaurants, gourmet markets.