140 8th Street

Welcome to 140 8th Street - a well maintained and charming home offering room to grow and the added benefit of rental income! In its current configuration, the 3600 sqft building offers four floor through apartments bringing in an monthly rent roll of $9,860. Tenants are mainly month to month, and it is possible for the building to be delivered vacant, with tenants in place or some combination thereof. The building is semi-detached and also features a shared basement with laundry and common storage, as well as a large shared backyard accessible to all tenants via a side yard walkway, as well as a private yard for the garden level unit. The basement, garden and parlor level apartments are already connected via a separate internal staircase, meaning these floors could easily be converted to a lovely 1800 sqft owner's duplex plus basement with the two rental units above bringing in approximately $5000 a month. Or take the top three floors for a massive 2700 sqft owner's triplex, while still enjoying a $2500/month rental income from the garden level.

The home is full of lovely original details, such as the charming tin ceilings and decorative brick fireplace on the garden level, and decorative mantels on both the parlor and 3rd floors. Original molding around the windows, doors and entryways are found throughout, and handsome wide plank oak floors grace the 2 - 4th floors. Light is impressive throughout the building, as is ceiling height - especially on the parlor level, which also features charming wainscotting and original picture frame molding.

140 8th Street has been lovingly cared for with numerous recent updates including: a new boiler in 2020, 1st floor kitchen renovation in 2016, indirect hot water heater system with 100 gallon expansion tank in 2012, new windows in 2012, and a renovation of the 2, 3 and 4th floor apartments in 2012 including new bathrooms and bathroom plumbing in each, as well as an electrical update and installation of split system air conditioning.

Gowanus has become a renowned haven for artists and makers and 140 8th sits on a quintessential Gowanus block, with a performance art studio, a woodworking shop and educational center, photo lab, print shop and design studio interspersed between residential townhouses. Residents of 140 8th Street enjoy famed Four and Twenty Blackbirds on the corner, as well as Michael and Pings, Fletcher's BBQ, The Bell House, Halyards, The Sideboard Sandwich Shop, Bison and Burgers, Sweet Talk, Table 87, Lucy's Lounge and 205 Coffee all within a two block radius, and of course whole foods just four blocks down 3rd Ave. For the little ones, the newly renovated Ennis Playground on 3rd and 11th Street and JJ Byrne and Washington Park with it's weekly farmer's market are each just four blocks in either direction!