Updated 11 hours ago
In contract
Crown Heights, Brooklyn | Pacific Street & Dean Street
16 Rooms8 Beds4 Baths3,100 Square FeetMulti-Family

$1,895,000
floors / apts4 / 4
Lot Size19'x80'
Built Size19'x40'
ZoneR6
Building TypeTownhouse
RE Taxes$9,550
Price Per SF
$611

Listing Features

  • WBFP
  • Gas Heat

Outdoor space and views

  • Backyard
  • Frontyard
  • Garden
  • Patio
  • City Views

Building Amenities

  • Voice Intercom
  • Courtyard
  • Garden
  • Gated Entry
  • Outdoor Parking
  • Second Entry
  • Stoop Entry
  • Storage

Property Description

Four Stupendous Simplexes: A Worthy Investment

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

Listing History

Now
01/12/2022
Contract Signed by Toni Martin
Corcoran
2022

Building Details

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.24 miles
Utica Av
0.44 miles

Citi Bike

Kingston Ave & Herkimer St
0.21 miles
Albany Ave & Fulton St
0.22 miles
7
24
0

Crown Heights | Brooklyn

Quick Profile

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.

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: 23110TH