Property Description for 711 Church Ave
The Price is Right! Now Listed at $1,299,000Any wise New Yorker knows that two heads are better than one. Any smart real estate investor knows that two renters are better than one. Mixed-use townhouses across New York are becoming hot commodities for many buyers.Are you starting your own business? Do you desire a live/work mixed use property? This is what you are looking for. This two story building in Kensington is a short distance to Prospect Park. The 2,590 square foot building is 18.5 ft X 70 ft on an 80 ft lot. Live upstairs in the 1 bedroom/1 bath apartment and work downstairs!The property features a vacant ground floor previously used as art gallery/ retail unit . Ideal renters include professionals like artists, doctors, dentists or psychiatrists. The ground floor, commercial space is large with a full basement which is about 700 sq, for business storage. The storefront has white painted exposed brick. Spot lights throughout the space and a skylight in the middle room. There is a half bath and a yard space on this level. The open concept second floor has two bedrooms, one can easily converted to a living space. The kitchen has stainless steel appliances and a skylight which brings loads of natural light. The bathroom, has been updated with a deep soak-in tub and washer/dryer. Additionally, there is also a roof deck on this level past the bedroom.The boiler was replaced 5 years ago, and the electric meters have been updated recently. ConED is now able to read the meters straight from their office, no need for them to come to the property to read the meter. Washer/dryer. Current Tax bill- $5301.00 Block and Lot - 05330-0069Mixed-use townhouses are hot on the market because the commercial space rents for higher price than a residential space and the property is a good investment due to its uniqueness to this market.