708 Willoughby Ave

This fully gut renovated four-unit building is a tremendous, turnkey investment opportunity in prime Stuyvesant Heights. Completely remodeled from top to bottom in 2019, these four upscale two- and three-bedroom homes are sure to fetch top market rates with spacious layouts, fantastic closet space and wide-plank oak floors. Modern gourmet kitchens feature granite counters, custom cabinetry and stainless steel appliances, and spa bathrooms are finished in Carrara marble. In-Unit Bosch washer & dryer and central A/C add comfort and convenience. Each apartment has separate metered utilities for low owner expenses. This property is conveyed with 3,300 square feet of air rights. Current annual rent roll: $119,400 ( 1 unit to be Delivered Vacant ) Total Annual expenses: $15,400 Set on a tree-lined Bed-Stuy street with excellent proximity to South Williamsburg and Bushwick, this pristine building offers direct access to the best of Brooklyn living. Great shopping, dining and nightlife destinations are nearby. Transportation is effortless with J/Z, M and G trains, excellent bus service and CitiBikes all within easy reach.