Property Description for 1740 East 4th Street
A large six-unit, Prewar, 6450 sf, walk up apartment building erected in 1927. Two units per floor. Five two bedroom units. One 1-bedroom ground floor unit. Five units are vacant. The building has a full basement with a storage area. The roof can be easily upgraded to provide a lovely outdoor space. Several apartments have been partially renovated.
The boiler and all the building's windows have been recently replaced and the brick facade repointed. This is an excellent opportunity for investment whether the goal is maintaining as a rental property or converting into a boutique condominium. With re-development plans for nearby Coney Island underway, the Brighton Beach area with shopping, restaurants and let's not forget - the beach, this Brooklyn neighborhood is poised to receive its share of real estate attention. Transportation into Manhattan is convenient with either the F train steps away or the B and Q lines nearby. Open House by appointment only. Please contact agent at 212-588-5674
