274 Quincy Street

Right off of Nostrand Avenue, steps away from the G-Line, 274 Quincy St is now on the market for resale with incredibly low yearly taxes. This is currently a legal 3 unit townhouse, offering 2 units with 3 bedrooms and 2 full baths and a large 2 bedroom 2 bath garden apartment with built-out basement and kitchenette – will be delivered with two of the units vacant. It can easily be converted to a single-family dwelling with an additional 880 buildable sq feet. Currently set up as an income-producing property approximating 3120 sq ft plus a built-out basement and private backyard. This is a great opportunity for an end-user or investment property with a projected solid return. It is in a "Qualified Opportunity Zone" so an investor can benefit from the new tax incentive program. https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions Bed-Stuy is a neighborhood rich in culture, pride, and history, and this property is conveniently situated in one of the most beautiful tree-lined streets, between Nostrand and Marcy Ave.