71 New York Ave

Spacious income producing multi family with maximized bedroom count and additional development rights. 71 New York Avenue is a unique detached 23' wide in front, 26’ wide in the back, income producing 3 family brick townhouse located in the heart of bustling Brooklyn. This home sits on a 30.5' front 32’ back wide by 100’ deep lot with a total buildable FAR of 7,740. This Crown Heights triple exposure mansion features historic original external details, a designated parking space, set back entrance, and 4 floors of finished interior space. Original details combined with modern finishes make this home uniquely desirable with low maintenance and generous rental income. Each unit has individual temperature control for renters preference and energy efficiency. The location is close to the Nostrand A/C, LIRR, restaurants and nightlife of Crown Heights, Bed Stuy, and Prospect Heights. Apartment 1 is the first 2 floors owners' duplex with 5 bedroom 2.5 bathrooms over a finished english basement front porch and back garden. The chef’s kitchen features a 6 burner stove, double wide fridge, breakfast bar, deep copper sink, dish washer, large fridge, exposed brick, working gas fireplace, ceiling fans, recessed lighting, high ceilings and private backyard with double entrance. The parlor floor recreation room is fully finished with separate washer dryer room, extra storage, open layout for entertaining and functional for many uses. Apartment 2 is a 4 bed 2 full bath with abundant closet space and sunny private terrace. The master bedroom features a large walk-in closet with a private full bath and 2 large windows. The front facing bedrooms are set back from the street looking over the lovely front yard. Your newly updated windowed kitchen features an open floor plan with a floating island, washer dryer, dishwasher and easy access to your private covered outdoor space. Apartment 3 is a newly updated 3 bed 2 bath easily convertible to a 4 bedroom nearly identical to the second floor minus a private terrace. Extra large living room with kitchen island. This investment property produces generous cash flow and low maintenance as is with the ability to expand your home to a much larger floor plan when using the maximum FAR of 7740 sqft in R6 zoning. Call to learn more.