1035 Jefferson Ave

1035 Jefferson Ave. -6.17% CAP rate -3 units -20x100 lot -20x50 building ------------------------------------------- Don't miss this stunning three-family brick townhouse featuring a charming front garden and ideal Bushwick location. Featuring a three-bedroom garden duplex with a massive rec room, plus two three-bedroom flats above, this is an ideal opportunity for investors or end-users alike. Each unit features hardwood floors, tall ceilings, and bright northwestern and southeastern exposures. The smart layouts feature open living areas and spacious updated windowed kitchens with abundant cabinetry, tile backsplashes, and stainless steel appliances. Bathrooms are finished with floor-to-ceiling large-format tile and contemporary fixtures. Two bedrooms overlook the tree-lined street, and one faces the large yard. The garden duplex also includes a vast, renovated rec room space with a separate storage room and access to the oversized patio and rear yard. Gross Rental Income : $98,400 Annual Taxes:$4,426 Utilities: $1,980 Maintenance/Upkeep: $2,580 Net Rental Income: $89,414 CAP Rate: 6.17% Located on a quaint tree-lined residential street, perfectly positioned near the border of Bushwick and Bedford-Stuyvesant, this exceptional property is surrounded by fantastic restaurants, nightlife venues, and art galleries. Tech startups and studio spaces fill the local area, including the new 170,000-square-foot Netflix production facility. Transportation is effortless with the J/Z, L and A/C trains, excellent bus service and CitiBike stations within easy reach.