$1,599,000
Updated 5 years ago
Sold

47 Decatur Street

Bedford Stuyvesant, Brooklyn | Tompkins Ave & Throop Ave

7 Rooms4 Beds2 Baths3,024 Square FeetMulti-Family

$1,599,000
floors / apts3 / 3
Lot Size18'x100'
Built Size18'x42'
ZoneR6B
Building TypeTownhouse
RE Taxes$4,929
Price Per SF
$529

This property was sold for $1,599,000 on 03/15/21.

Listing Features

  • Original Details

Building Amenities

  • Garden

Property Description for 47 Decatur Street

MAJOR PRICE IMPROVEMENT! 5% Cap Rate. Setup 3D VIRTUAL TOUR and more available upon request.

47 Decatur Street is a turnkey, income producing three-family townhouse nestled on a tree-lined street in the Stuyvesant Heights historic district. Built in 1899 and graced with grand proportions and so many original details, this home spans over 3,024 sq. ft. with an additional 756 sq ft. in the unfinished basement. One cannot help but feel inspired!

All three, free market units offer generous living spaces with flexible layouts, which are ideal for reconfiguring the space to your ideal preferences. The parlor level of the owner's triplex/unit 1 is an open-concept floorplan with jaw-dropping 11 ft ceilings and copious amounts of natural light throughout. This spacious approx. 1,600 sq. ft. apartment features four bedrooms (4BR) and two bathrooms (2BTH) with exclusive access to a dreamy and picture-perfect private garden.

At approx. 800 sq. ft. each, unit 2 and unit 3 are both floor through units. Unit 2 is configured as a two-bedroom (2BR) plus a home office and one bathroom (1BTH). Featuring skylights and tree-top views, unit 3 offers two bedrooms (2BR) plus a home office and one bathroom (1BTH). Original details, exposed brick, and hardwood flooring throughout. Currently generating an income of $99,300 annually with a 5% cap rate. With some upgrades, there is excellent potential.

At 47 Decatur Street, you will be surrounded by the classic serenity of Brownstone Brooklyn and the energy of a culturally diverse community with superb dining, craft cocktail joints, homemade marketplaces, and destination hangouts. Local favorites include Peaches, Saraghina, L'Antagoniste, Sumner, Bohaus, and Eugene & Co. Transportation: A/C Trains at Kingston-Throop only one block away, allowing for an easy commute to Manhattan.

Building Details for 47 Decatur Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.06 miles
Nostrand Av
0.47 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.38 miles

Citi Bike

Kingston Ave & Herkimer St
0.12 miles
Albany Ave & Fulton St
0.17 miles

Contact Agents

Contact Agents

Alan Chorm
Douglas Elliman
Allison Dubuisson
Douglas Elliman
John Gomes
Douglas Elliman

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: 78792TH