Whether you're looking for a place to live & rent or for an investment property with the potential for an amazing return, 109 Albany Avenue is it. This recently renovated 4-unit townhome with updated electric, plumbing, mechanicals, and a new roof is move-in ready--and ready to start generating income.
This townhome consists of three 2-Bed, 1-Bath units and one 3-Bed, 1-Bath unit. Each of the floor-through four units was designed to provide generous living spaces with windowed galley kitchens that have plenty of counter space, storage, beautiful backsplashes, and excellent appliances. The primary bedrooms in each unit are sizeable and can fit king-size beds; the third bedroom in Unit 4 can fit a twin bed, bunkbed, or would be perfect for a home office. The baths are modern, have spa-like aesthetics, and speak to the taste of the discerning renter/buyer. Units 1 and 2 will provide this owner with opportunities to command competitive rents; as both units have outdoor space with access from the kitchen to the garden. Unit 1 is also connected to the cellar, so it can be used as storage or finished to become a duplex. There is also the potential for this home's next owner to connect Units 1 and 2 to create a dynamic duplex or palatial triplex. The possibilities for this residence are endless. Bring your imagination and you will surely usher this location to its fullest potential.
109 Albany is conveniently located, with plenty of amazing amenities, restaurants, and shops just a stone?s throw away in every direction. Its? proximity to Bedford Stuyvesant, Bushwick, Flatbush, and Downtown Brooklyn means you have more than enough sites and treats within a short radius to keep you and/or your tenants busy and happy year-round. With the A/C/LIRR trains in one direction, the 3/ 4 trains in the other, and plenty buses, getting everywhere is a breeze. It?s also worth mentioning that getting to JFK is a painless trip straight down Atlantic Avenue. Everything you could ever desire is here and near. Your search is over. Find your Sweet Spot.
Notable Features: Dishwasher, Floors - hardwood, Great closet space, Light - excellent, Modern kitchen, Windows - new, Windows ? oversized
Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies.
Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.
The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.
You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.