127 27th Ave

Brand new construction of a fully detached 5 family brick home on 40'x96' lot in Bath Beach with private driveway and parking for 4 cars. Modern Design with Quality Products and Craftsmanship! This building is NOT rent Stabilized! Free market rents! This property is "management free" for a 1031 exchange with Projected Annual Rent Roll is $132,000 or it can be used for a large family for residential use. Other uses include Day Care Center and Medical Office for Private Practice. Property will be delivered vacant with full possession. The construction of this 23'x52' building is steel, block, brick and poured concrete. This 5 family has been customized with beautifully appointed kitchens and bathrooms. Features hardwood floors, ceramic tiles floors, sprinkler system, energy efficient Anderson windows, well insulated with low heating costs, 15 ductless A/C-Heat split units, sound proof, handicap accessible, close to D train, buses, schools, places of worship, shopping. Amazing views from the double Penthouse apartments showcase stunning views of lower Manhattan, Verrazano Bridge and Coney Island. First Floor: 2 Bedrooms, Kitchen, Living Room/Dining Room Combo, 2 Full Baths. Second Floor (Front Apt): 1 Bedroom, Kitchen, Living Room, 1 Full Bath. Second Floor (Back Apt): 1 Bedroom, Kitchen, Living Room, 1 Full Bath. Third Floor (Front Penthouse): 1 Bedroom, Kitchen, Living Room, 2 Full Baths, Roof Top Deck. Third Floor (Back Penthouse): 1 Bedroom, Kitchen, Living Room, 2 Full Baths, Roof Top Deck. Lot: 40 'x 96'. Detached Brick Building: 23' x 52'. Approx. Building Sq Ft: 4,132. Est. Annual Taxes: $32,000. Zoning R5.