$2,500,000
Updated 7 years ago
Off Market

701 Greene Ave

Bedford Stuyvesant, Brooklyn | Throop Ave & Marcus Garvey Blvd

16 Rooms10 Beds4 Baths3,192 Square FeetMulti-Family

$2,500,000
floors / apts3 / 3
Lot Size19'x100'
Built Size19'x42'
ZoneR6B
Building TypeTownhouse
RE Taxes$8,041
Price Per SF
$783

Outdoor space and views

  • Patio

Property Description for 701 Greene Ave

Triple Mint - Turn Key Investment Property 4.7% Cap Rate 4 Free Market Units
Newly Renovated 4-Story, 4-Family Brick Townhouse located in the Heart of Bedford-Stuyvesant

On the spacious, tree-shaded Front Patio, beneath broad Stone Steps with Iron-Wrought railings, find a gracefully arching doorway housing a Security Door and a Glass-Paneled Front Door through which sunlight filters into the Foyer. Continue down the hall to an expansive eat-in Kitchen; to the right are French Doors opening into a huge sun-drenched Room versatile enough to be a Bedroom, Dining Room or Living Room. Through the Kitchen complete with Stainless Steel Appliances including Dishwasher, Microwave, Refrigerator, and Smoothtop Electric Stove find the brightly-lit Full Bathroom, beside which lies a staircase descending to the Furnished Basement, a perfect space for an Entertainment Room: Warm Recessed Lighting and a Spacious Layout come together to make you forget youre underground. Up the stairs onto the Garden Floor of the apartment, a hallway winds to the rear of the Townhouse where Laundry Closet and two large Bedrooms can be found, each with huge windows overlooking the Beautiful and Lush Back Garden space. Exclusive Access to the huge Back Garden is available through the Second Bedroom.

Upon entering the Parlor Floor, find a wide Foyer with Dark Hardwood and Exposed Brick beneath the warm glow of Hanging Lights, creating a seamless fusion of Historical and Contemporary dcor. Across from the additional storage space under the Stairwell, enter the Parlor Floor Apartment and find to your right a fully-equipped Kitchen divided from the Living Room by an Island with built-in Stainless Steel Appliances, creating a Galley-Style Kitchen Layout while maintaining the sprawling, open feel of the space. Wide, Street-Facing Windows bathe the Living Room in Sunlight during the day, while Recessed Lighting accompanies a central Overhead Light that brightens the space even more, providing versatility between Functional and Mood Lighting. Beyond the Kitchen, find a Washer and Dryer stowed conveniently in a closet, a Full Bathroom complete with Tub, ample Closet Storage, and two Spacious Bedrooms overlooking the Back Garden.

Continue up the Wide, Warmly-Lit Staircase lined with a Graceful Wooden Bannister and bathed with Sunlight Streaming from 4th Floor Skylight. Spacious 3rd and 4th Floor Units each contain 3 bedrooms, Full Bath, large Kitchen with Stainless Steel appliances, and feature Exposed Brick, Natural Light, and Hardwood Floors throughout.

With a 3-Bedroom Duplex the size of many Single-Family homes, plus three additional Floor-Through apartments, you can enjoy one apartment while acquiring substantial income from the other three. 701 Greene Ave presents an opportunity to move into a turn-key, sleek space with the ability to offset costs while enjoying an expansive lifestyle.
All four units are fully upgraded with central heating/cooling systems and washer and dryer for your utmost convenience.

701 Greene Ave is situated among some of the best restaurants and cafes in the area plus easy access to the J/Z and G trains.

Virtual Tour: https://livetour.istaging.com/252ce7de-59c0-4faf-8ed4-42e8e0a14d17?ui=true

Video: https://youtu.be/WVGQch8M3sE

Building Details for 701 Greene Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Citi Bike

Greene Ave & Throop Ave
0.09 miles
Lewis Ave & Greene Ave
0.21 miles

Contact Agent

Contact Agent

Alexander Pitsirilos
Keller Williams NYC

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 76658TH