This 3-story, multifamily, consists of 8 sprawling units, two per floor all of which can be delivered vacant. A well maintained building facade welcomes you with intricate Byzantine Columns. While original details abound throughout: stained-glass transoms, tile work, coffered ceiling, wide oak floors, doors and window frames. Stately potential will amaze; rare gorgeous details such elaborate wainscoting, fireplaces, stained glass give rooms instant personality. Bring your architect and imagination!!!!
This rare opportunity sits in the heart of Crown Heights! Steeped in old-Brooklyn culture, it's certainly on the cutting edge of all things trendy and notable. With charming eateries in walking distance like Café Rue Dix, Catfish, and Toms. Not to mention subway convenience: 4/5 and A/C trains access Manhattan in just 25 minutes, with Downtown Brooklyn only 15 minutes away!!
Natural light floods this building! Not only in the two apartments with outdoor spaces! Crown Heights is quickly becoming a premiere location, with trendy restaurants, bars and coffee shops, and its proximity to downtown, this is a great home! Call today!
Asking $2,975,000.00
RENT ROLL AND EXPENSES.
Yearly Rent Income-$206,328 - Yearly Expenses-$23,262.
6.12 Cap
MUST HAVE 24 to 48 hours to show the is building.
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.